AST SpaceMobile (NASDAQ: ASTS) president updates Form 4 for RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
AST SpaceMobile, Inc. President Scott Wisniewski reported a routine tax-withholding transaction related to restricted stock unit (RSU) vesting. On this Form 4/A, 16,395 shares of Class A Common Stock were withheld to cover tax liabilities when RSUs representing 41,666 shares vested.
After this withholding, the net number of vested shares was 25,271, which were retained as part of his equity position. Following the transaction, Wisniewski directly owned 729,578 shares of Class A Common Stock. The amendment corrects the previously reported withheld amount from 16,377 shares to 16,395 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wisniewski Scott
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 16,395 | $113.41 | $1.86M |
Holdings After Transaction:
Class A Common Stock — 729,578 shares (Direct, null)
Footnotes (1)
- Represents a payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units representing 41,666 shares of Class A Common Stock issued in accordance with Rule 16b-3, resulting in a net vested number of 25,271 shares. This amendment is being filed to address a revision in the number of shares withheld from 16,377 to 16,395 for payment of tax liability incident to the vesting of Restricted Stock Units.
Key Figures
Shares withheld for taxes: 16,395 shares
RSU shares vested: 41,666 shares
Net vested shares: 25,271 shares
+2 more
5 metrics
Shares withheld for taxes
16,395 shares
Tax-withholding disposition on RSU vesting
RSU shares vested
41,666 shares
Restricted Stock Units vesting event
Net vested shares
25,271 shares
Net shares after tax withholding
Post-transaction holdings
729,578 shares
Direct Class A Common Stock after transaction
Withholding reference price
$113.41 per share
Value used for tax-withholding disposition
Key Terms
Restricted Stock Units, tax-withholding disposition, Rule 16b-3, Form 4/A
4 terms
Restricted Stock Units financial
"Represents a payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units representing 41,666 shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Rule 16b-3 regulatory
"Restricted Stock Units representing 41,666 shares of Class A Common Stock issued in accordance with Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
Form 4/A regulatory
"This amendment is being filed to address a revision in the number of shares withheld"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
FAQ
What insider transaction did AST SpaceMobile (ASTS) President Scott Wisniewski report?
Scott Wisniewski reported a tax-withholding disposition of 16,395 Class A Common shares. These shares were withheld to pay taxes when 41,666 restricted stock units vested, resulting in 25,271 net shares added to his direct holdings.
Was the ASTS insider transaction an open-market sale or a tax withholding?
The transaction was a tax withholding, not an open-market sale. Shares were withheld by the company to satisfy tax liabilities arising from the vesting of 41,666 restricted stock units, a common administrative step in equity compensation.
What correction does this amended Form 4/A for ASTS disclose?
The amendment corrects the number of shares withheld for taxes from 16,377 to 16,395. This revised figure more accurately reflects the shares used to pay tax liabilities from the vesting of 41,666 restricted stock units granted under Rule 16b-3.
How many ASTS restricted stock units vested for Scott Wisniewski in this event?
Restricted stock units representing 41,666 shares of AST SpaceMobile Class A Common Stock vested. Of these, 16,395 shares were withheld to cover tax liabilities, leaving 25,271 net shares that were added to Scott Wisniewski’s directly owned holdings.