AST SpaceMobile Strengthens Director Commitment with New Stock Incentive Plan
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
AST SpaceMobile director Johan Wibergh filed an amended Form 4 to correct the type of equity award received on June 6, 2025. The amendment clarifies that Wibergh was granted 4,810 restricted stock awards instead of restricted stock units as originally reported.
Key details of the transaction:
- The restricted stock awards will fully vest on either June 6, 2026 (one-year anniversary) or the next annual stockholder meeting, whichever occurs first
- Vesting is subject to continued service through the applicable date
- The awards were granted at $0.00 exercise price
- Following the transaction, Wibergh directly owns 28,200 shares of Class A Common Stock
This Form 4/A was filed on June 28, 2025, amending the original Form 4 filed on June 9, 2025. The correction specifically addresses the classification of the equity compensation from RSUs to RSAs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wibergh Johan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,810 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 28,200 shares (Direct)
Footnotes (1)
- Includes a grant of 4,810 restricted stock awards that vest in full on the earlier to occur of (i) the one-year anniversary of the June 6, 2025 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. This amendment is being filed to address a revision in the award type from restricted stock units to restricted stock awards.
FAQ
What are the vesting terms for Johan Wibergh's ASTS restricted stock awards?
The restricted stock awards vest in full on the earlier of: (i) the one-year anniversary of the June 6, 2025 grant date, or (ii) the date of the next annual meeting of stockholders following the grant date, subject to continued service through the applicable vesting date.
What is Johan Wibergh's total ASTS stock ownership after the June 2025 grant?
Following the reported transaction, Johan Wibergh beneficially owns 28,200 shares of ASTS Class A Common Stock directly.
Why did ASTS file this Form 4/A amendment for Johan Wibergh?
The Form 4/A was filed to amend the original Form 4 filed on June 9, 2025, specifically to address a revision in the award type from restricted stock units to restricted stock awards.
What is Johan Wibergh's role at ASTS?
According to the filing, Johan Wibergh serves as a Director of AST SpaceMobile, Inc. (ASTS).