AST SpaceMobile CTO sells 40,000 shares
Rhea-AI Filing Summary
AST SpaceMobile, Inc. (ASTS) disclosed that Chief Technology Officer Yao Huiwen sold 40,000 shares of Class A Common Stock on September 16, 2026 in open-market or private transactions at a weighted average price of $58.93 per share, under a Rule 10b5-1 trading plan adopted on June 5, 2026. Following these sales, Yao Huiwen beneficially holds 34,750 shares of Class A Common Stock directly. The sales occurred at prices ranging from $57.52 to $60.31 per share.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 40,000 shares
Net Sell
1 txn
Insider
Yao Huiwen
Role
Chief Technology Officer
Sold
40,000 shs ($2.36M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 40,000 | $58.93 | $2.36M |
Holdings After Transaction:
Class A Common Stock — 34,750 shares (Direct)
Footnotes (2)
- F1. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 5, 2026.
- F2. Represents the weighted average selling price. These shares were sold in multiple transactions at prices ranging from $57.52 per share to $60.31 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 sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 40,000 shares
Weighted average selling price: $58.93 per share
Post-transaction holdings: 34,750 shares
+2 more
5 metrics
Shares sold
40,000 shares
Class A Common Stock sold by CTO on September 16, 2026
Weighted average selling price
$58.93 per share
Average price for 40,000 shares sold on September 16, 2026
Post-transaction holdings
34,750 shares
Class A Common Stock directly owned by CTO after the sale
Sale price range
$57.52–$60.31 per share
Range of prices for multiple sale transactions on September 16, 2026
Rule 10b5-1 plan adoption date
June 5, 2026
Date CTO adopted the trading plan governing the reported sale
Key Terms
Rule 10b5-1 trading plan, weighted average selling price, Class A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"The reported transaction was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ASTS report for Chief Technology Officer Yao Huiwen?
AST SpaceMobile reported that CTO Yao Huiwen sold 40,000 shares of Class A Common Stock on September 16, 2026 at a weighted average price of $58.93 per share, in open-market or private transactions.
Was the ASTS insider sale by the CTO under a Rule 10b5-1 plan?
Yes. The filing states the reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 5, 2026.
What security was involved in the ASTS insider transaction?
The transaction involved Class A Common Stock of AST SpaceMobile, Inc., with 40,000 shares sold by the CTO and 34,750 shares reported as directly owned afterward.
AI-generated analysis. How Rhea-AI works. Not financial advice.