AST SpaceMobile Board Member Deepens Stake with Nearly 800K Total Shares
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
AST SpaceMobile director Adriana Cisneros filed an amended Form 4 to correct the type of equity award received on June 6, 2025. The amendment clarifies that she received 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
- The awards were granted at $0.00 exercise price
- Following the transaction, Cisneros directly owns 782,526 shares of Class A Common Stock
- Vesting is subject to continued service through the applicable vesting date
This Form 4/A was filed on June 28, 2025, amending the original Form 4 filed on June 10, 2025. The correction specifically addresses the classification of the equity award type while other transaction details remain unchanged.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cisneros Adriana
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,810 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 782,526 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 ASTS director Cisneros's 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.
Why did ASTS file this Form 4/A amendment in June 2025?
The Form 4/A was filed to amend the original Form 4 filed on June 10, 2025, specifically to address a revision in the award type from restricted stock units to restricted stock awards.