AST SpaceMobile Director Receives $4.8K Restricted Stock Grant, Holds 70K+ Shares
AST SpaceMobile director Ronald L. Rubin filed an amended Form 4 (Form 4/A) to correct the type of equity award received on June 6, 2025.
Rhea-AI Filing Summary
AST SpaceMobile director Ronald L. Rubin filed an amended Form 4 (Form 4/A) to correct the type of equity award received on June 6, 2025. The amendment clarifies that Rubin 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, Rubin directly owns 70,438 shares of Class A Common Stock
- The original Form 4 was filed on June 9, 2025
This amendment reflects a technical correction to the award type classification while the fundamental terms of the equity grant remain unchanged. The vesting conditions require continued service through the applicable vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4,810 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. This amendment is being filed to address a revision in the award type from restricted stock units to restricted stock awards.
FAQ
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How many restricted stock awards did ASTS director Ronald Rubin receive on June 6, 2025?
What are the vesting terms for ASTS director Rubin's 2025 restricted stock awards?
Why did ASTS file this Form 4/A amendment for Ronald Rubin's stock grant?
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