Johnson Andrew Martin 4
Research Summary
AI-generated summary
AST SpaceMobile (ASTS) CFO Andrew M. Johnson Withholds 12,167 Shares
What Happened
Andrew M. Johnson, AST SpaceMobile’s CFO, CLO and a director, had 12,167 shares of Class A common stock withheld to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The withheld shares were priced at $82.87 each, totaling $1,008,279. The RSU grant represented 33,333 shares, resulting in a net issuance of 21,166 shares to Johnson after withholding.
Key Details
- Transaction date: 2026-03-31; Filing date: 2026-04-02 (Accession No. 0001493152-26-015014)
- Withheld/disposed: 12,167 shares at $82.87 per share — total value ~$1,008,279
- Grant/vesting: 33,333 RSUs vested; net vested shares issued = 21,166
- Transaction code: F (tax withholding incident to vesting) — this is not an open-market sale
- Shares owned after transaction: not specified in the Form 4 (filing reports net vested shares)
Context
This was a routine tax-withholding event tied to RSU vesting, where the company retains shares to cover tax liabilities rather than the insider selling shares on the open market. Such withholding transactions are common and generally do not signal a buy/sell decision by the insider.