Johnson Andrew Martin 4
4 · AST SpaceMobile, Inc. · Filed May 7, 2026
Research Summary
AI-generated summary of this filing
AST SpaceMobile (ASTS) CFO Andrew Johnson Sells 29,513 Shares (Tax)
What Happened
Andrew Martin Johnson, AST SpaceMobile’s Chief Financial Officer and Chief Legal Officer (and a director), had 29,513 shares of Class A common stock disposed on May 6, 2026 to satisfy tax withholding tied to the vesting of restricted stock units (RSUs). The shares were reported at $70.68 each, for a reported aggregate value of approximately $2,085,979. The RSU grant originally represented 75,000 shares, with a net 45,487 shares vesting after withholding.
Key Details
- Transaction date: 2026-05-06; Form 4 filed 2026-05-07 (timely filing).
- Disposed/withheld: 29,513 shares at $70.68 per share; total ≈ $2,085,979.
- Net shares issued to insider after withholding: 45,487 (75,000 RSUs gross − 29,513 withheld).
- Footnote: F1 indicates this was a tax withholding (code F) incident to RSU vesting.
- The filing reports a withholding/ disposition of shares to cover tax liability, not an open-market purchase or a voluntary sale for investment purposes.
Context: This transaction is a standard corporate tax-withholding event when RSUs vest. Such withholdings are routine and reflect tax obligations, not necessarily a change in the insider’s view of the company.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-05-06$70.68/sh−29,513$2,085,979→ 570,805 total
Footnotes (1)
- [F1]Represents a payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units representing 75,000 shares of Class A Common Stock issued in accordance with Rule 16b-3, resulting in a net vested number of 45,487 shares.