Johnson Andrew Martin 4
Research Summary
AI-generated summary
AST SpaceMobile (ASTS) CFO Andrew M. Johnson Sells 5,000 Shares
What Happened
- Andrew M. Johnson, CFO, Chief Legal Officer and director of AST SpaceMobile, sold 5,000 shares of Class A common stock on May 20, 2026 at $90.25 per share, generating gross proceeds of $451,250. The transaction was a sale (not a purchase) and is described as primarily to cover anticipated tax liabilities.
Key Details
- Transaction date: 2026-05-20; filing date: 2026-05-21 (filed the day after the trade).
- Price per share: $90.25; total proceeds: $451,250.
- Shares owned after the transaction: not reported on this Form 4.
- Footnote F1: Sale "primarily to cover anticipated tax liabilities" (tax withholding).
- Transaction type/code: S = Sale. No 10b5-1 plan or late-filing indication reported on this filing.
Context
- Sales to cover tax obligations (withholding) are common and often routine, and do not necessarily indicate a change in the insider’s view of the company. Purchases would typically be considered a stronger bullish signal.