Avellan Abel Antonio 4
4 · AST SpaceMobile, Inc. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
AST SpaceMobile (ASTS) CEO Avellan Sells 32,754 Shares (Tax Withholding)
What Happened Avellan Abel Antonio, CEO of AST SpaceMobile, disposed of 32,754 shares on May 30, 2026 as a tax-withholding event tied to the vesting of Restricted Stock Units (RSUs). The shares are reported as disposed at $113.41 per share, for a total value of approximately $3,714,631. Per the filing footnote, 83,333 RSUs vested and 32,754 shares were withheld to satisfy tax obligations, leaving a net of 50,579 shares delivered to the insider.
Key Details
- Transaction date: 2026-05-30; filing date: 2026-06-02 (report covers the 5/30/26 transaction)
- Shares withheld/disposed: 32,754 at $113.41 each; total ≈ $3,714,631
- Net shares retained from this vesting: 50,579 (per footnote F1)
- Transaction code: F — payment of tax liability by withholding securities incident to vesting
- Additional footnotes: F2 describes AST Common Units convertible 1:1 into Class A shares; F3 notes prior reclassification of AST common units in the 2021 business combination
- Shares owned after transaction: filing specifies net vested retained (50,579) but does not list total holdings across all holdings
Context This was a tax-withholding disposition related to RSU vesting — a routine administrative transfer rather than an open-market sale. Such withholdings are common when equity awards vest and generally reflect tax obligations, not necessarily a directional signal about the CEO’s view of the company. Transaction code F denotes the withholding used to cover taxes on the award.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-05-30$113.41/sh−32,754$3,714,631→ 78,542,209 total
- 78,163,078
Class C Common Stock
- 78,163,078
Common Units
[F2][F3]→ Class A Common Stock (78,163,078 underlying)
Footnotes (3)
- [F1]Represents a payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units representing 83,333 shares of Class A Common Stock issued in accordance with Rule 16b-3, resulting in a net vested number of 50,579 shares.
- [F2]The securities reported in this line item represent AST Common Units. At any time on or after April 6, 2022, these AST Common Units may be redeemed by the Reporting Person in exchange for shares of Class A common stock of the Issuer on a one-to-one basis. When a holder of Class C common stock of the Issuer exchanges AST Common Units for shares of Class A common stock of the Issuer, a number of shares of Class C common stock of the Issuer equal to the number of such AST Common Units will be immediately retired by the Issuer and will no longer be outstanding. The AST Common Units do not expire.
- [F3]In connection with the closing of the business combination between New Providence Acquisition Corp. and AST & Science, LLC ("AST") on April 6, 2021, each existing common unit previously issued by AST was reclassified and reissued by AST into new Common Units on a 1-to-14.50149869 basis. In addition, each equityholder of Common Units received an equivalent number of Class B Common Stock or Class C Common Stock of the Issuer, as applicable.