AST SpaceMobile (ASTS) president sells 25,904 shares in open market
Rhea-AI Filing Summary
AST SpaceMobile, Inc. president Scott Wisniewski sold 25,904 shares of Class A Common Stock in an open-market transaction. The weighted average selling price was $126.64 per share, with individual trades executed between $126.41 and $126.99 per share.
After this sale, he directly holds 745,973 shares of Class A Common Stock. The filing notes that detailed trade-by-trade pricing within the disclosed range is available upon request from the company, any security holder, or the SEC staff.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 25,904 shares
Net Sell
1 txn
Insider
Wisniewski Scott
Role
President
Sold
25,904 shs ($3.28M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 25,904 | $126.64 | $3.28M |
Holdings After Transaction:
Class A Common Stock — 745,973 shares (Direct)
Footnotes (1)
- F1. Represents the weighted average selling price. These shares were sold in multiple transactions at prices ranging from $126.41 per share to $126.99 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 25,904 shares
Weighted average price: $126.64 per share
Price range: $126.41–$126.99 per share
+2 more
5 metrics
Shares sold
25,904 shares
Open-market sale of Class A Common Stock
Weighted average price
$126.64 per share
Average selling price for reported transaction
Price range
$126.41–$126.99 per share
Range of individual trade prices in the sale
Shares held after sale
745,973 shares
Direct ownership of Class A Common Stock following transaction
Net shares sold
25,904 shares
Net change in buy/sell activity in this Form 4
Key Terms
open-market sale, weighted average selling price, Class A Common Stock, Form 4
4 terms
open-market sale financial
"transaction_action: "open-market sale" and transaction_code_description"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average selling price financial
"Represents the weighted average selling price. These shares were sold..."
Class A Common Stock financial
"security_title: "Class A Common Stock" in the transaction record"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did AST SpaceMobile (ASTS) report for Scott Wisniewski?
AST SpaceMobile reported that president Scott Wisniewski sold 25,904 shares of Class A Common Stock in an open-market transaction. The sale was disclosed on a Form 4 insider filing with detailed pricing information available within a specified price range.
Was the ASTS insider transaction by Scott Wisniewski an open-market sale?
Yes, the Form 4 characterizes Scott Wisniewski’s transaction as an open-market sale of Class A Common Stock. The filing uses transaction code "S" and describes it as a sale in an open market or private transaction, with specified share amounts and prices.