SARNOFF RICHARD 4
4 · AST SpaceMobile, Inc. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
AST SpaceMobile Director Richard Sarnoff Receives Award
What Happened
Richard Sarnoff, a director of AST SpaceMobile, was granted 2,124 restricted stock awards on June 12, 2026. The awards were reported on a Form 4 filed June 16, 2026; the filing shows an acquisition at $0.00 per share (total reported value $0). These are compensation awards (transaction code A), not open-market purchases or sales.
Key Details
- Transaction date: 2026-06-12; Form 4 filed: 2026-06-16 (filed within the SEC two-business-day window).
- Amount: 2,124 restricted stock awards; acquisition price reported $0.00 (grant).
- Shares owned after transaction: not disclosed in the provided excerpt; see the full Form 4 for total beneficial ownership.
- Footnote: Awards vest in full on the earlier of (i) the one-year anniversary of the June 12, 2026 grant or (ii) the date of the next annual meeting of stockholders, subject to continued service through the applicable vesting date.
- Transaction code: A = Award/Grant.
Context
Restricted stock awards are grants of company shares that are subject to vesting conditions. Until they vest, they may be forfeited if the director leaves service and typically cannot be freely sold. A reported grant at $0 reflects compensation; it is not an open-market buy or sell and does not by itself indicate the insider’s short-term trading view.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-06-12+2,124→ 80,363 total
Footnotes (1)
- [F1]Includes a grant of 2,124 restricted stock awards that vest in full on the earlier to occur of (i) the one-year anniversary of the June 12, 2026 grant date and (ii) the date of the next annual meeting of stockholders following the grant date, subject to continued service through the applicable vesting date.