Avellan Abel Antonio 4
Research Summary
AI-generated summary
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.