Johnson Andrew Martin 4
Research Summary
AI-generated summary
AST SpaceMobile (ASTS) CFO Andrew Johnson Withholds 16,377 Shares
What Happened
- Andrew M. Johnson, AST SpaceMobile’s Chief Financial Officer, Chief Legal Officer and a director, had 16,377 shares withheld to cover tax withholding related to the vesting of Restricted Stock Units (RSUs). The withheld shares were recorded at $113.41 per share, totaling $1,857,316.
- The RSU grant represented 41,666 shares vesting; after withholding 16,377 shares for taxes, the net vested shares from this award were 25,289.
Key Details
- Transaction date: 2026-05-30; Form 4 filed: 2026-06-02.
- Withheld (disposed) shares: 16,377 at $113.41 each; total value withheld ≈ $1,857,316.
- Original RSUs vesting: 41,666 shares; net delivered to insider after withholding: 25,289 shares (per filing footnote).
- Transaction code: F (payment of tax liability via withholding securities).
- The Form does not disclose total ASTS shares owned by Johnson after this transaction on this filing.
- No indication in the filing that this was a late report.
Context
- This was a tax-withholding event tied to RSU vesting (a routine internal disposition), not an open-market sale. Such withholdings are standard and generally reflect payroll/tax obligations rather than a discretionary sell by the insider.
- For retail investors, tax-withholding dispositions typically carry less informational weight about insider sentiment than voluntary sales or open-market purchases.