Yao Huiwen 4

What Happened
Yao Huiwen, Chief Technology Officer of AST SpaceMobile, sold 40,000 shares of ASTS stock on March 23, 2026. The weighted average sale price was $88.88 per share, for total gross proceeds of approximately $3,555,200. The shares were sold in multiple transactions at prices ranging from $86.71 to $90.70 per share. This was a sale (not a purchase); the transaction was executed under a pre-established trading plan.

Key Details

• Transaction date: 2026-03-23 (Form 4 filed 2026-03-24 — appears timely).
• Transaction type/code: Open-market sale (S).
• Shares sold: 40,000; weighted average price $88.88; total proceeds ≈ $3,555,200.
• Price range: $86.71 – $90.70 per share (sold in multiple trades).
• Shares owned after transaction: Not reported on this Form 4.
• Footnotes: F1 — sale effected pursuant to a Rule 10b5-1 trading plan adopted June 12, 2025. F2 — weighted average price reported; the filer will provide per-price breakdown on request.

Context
A sale under a Rule 10b5-1 plan generally indicates the trades were pre-planned and may reduce the weight investors should place on the sale as an immediate signal of insider sentiment. Sales are common for liquidity or diversification needs; they are less informative than insider purchases about confidence in the company's prospects. If you need the exact per-trade prices, the filer has offered to provide the breakdown on request.