Yao Huiwen 4

What Happened
Yao Huiwen, Chief Technology Officer of AST SpaceMobile (ASTS), disposed of 40,000 shares on June 5, 2026 in a reported open-market/private sale (code S). The weighted average sale price was $96.37 per share, for total proceeds of approximately $3,854,800. The filing indicates the shares were sold in multiple transactions at prices ranging from $90.97 to $103.92 per share.

Key Details

• Transaction date: June 5, 2026 (reported on Form 4 filed June 8, 2026) — filing appears timely.
• Shares sold: 40,000; weighted average price: $96.37; price range: $90.97–$103.92.
• Proceeds (approx.): $3,854,800.
• Shares owned after transaction: not disclosed in the provided filing.
• Notable footnotes: sale was executed under a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2025; the filing offers to provide on request the number of shares sold at each specific price within the reported range.

Context
This was a sale (a disposition of shares), not a purchase or option exercise. The presence of a 10b5-1 plan means the trades were pre-scheduled, which can indicate the sales were planned in advance rather than timed to new company information. Retail investors should view the transaction as factual insider selling activity but avoid reading it alone as a definitive signal of company prospects.