AST SpaceMobile (ASTS) Director Julio A. Torres Sells 15,000 Shares

What Happened

• Julio A. Torres, a director of AST SpaceMobile, sold 15,000 shares of Class A common stock in an open-market/private sale on May 13, 2026. The weighted average sale price was $76.34 per share, for total proceeds of approximately $1,145,100. This transaction is reported as a sale (S) and, per the filing, the shares were sold to cover anticipated tax liabilities related to vested RSUs.

Key Details

• Transaction date: 2026-05-13; filing date: 2026-05-14 (timely; Form 4 due within 2 business days).
• Weighted average price: $76.34; reported price range across multiple trades: $76.06–$76.56.
• Shares sold: 15,000; proceeds: ~$1,145,100.
• Shares owned after the transaction: not specified in the provided filing summary.
• Footnote F1: Sale was to cover tax withholding on vested RSUs. Footnote F2: Price shown is a weighted average; the filer will provide per-trade breakdown on request.

Context

• This was a routine sale to satisfy tax obligations from RSU vesting (a common practice) rather than a purchase or new investment. Sales for tax withholding are generally considered administrative and do not necessarily signal a change in insider sentiment.