AST SpaceMobile Director Acquires 801 Shares in Strategic Stock Grant
AST SpaceMobile (ASTS) director Julio A. Torres received a new equity grant of 801 restricted stock awards on June 24, 2025.
Rhea-AI Filing Summary
AST SpaceMobile (ASTS) director Julio A. Torres received a new equity grant of 801 restricted stock awards on June 24, 2025. Following this transaction, Torres beneficially owns a total of 58,239 shares of Class A Common Stock directly.
The restricted stock awards are subject to the following vesting conditions:
- Full vesting occurs at the earlier of:
- One-year anniversary of June 6, 2025
- Date of next annual stockholders meeting after grant date
- Continued service through the vesting date is required
This Form 4 filing was signed by Torres on June 26, 2025, within the required reporting timeline. The shares were acquired at $0.00 per share as part of the company's director compensation program.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 801 | $0.00 | $0.00 |
Footnotes (1)
- F1. Includes an additional grant of 801 restricted stock awards that vest in full on the earlier to occur of (i) the one-year anniversary of June 6, 2025 and (ii) the date of the next annual meeting of stockholders following the grant date, subject to continued service through the applicable vesting date.
FAQ
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How many restricted stock awards did ASTS director Julio Torres receive on June 24, 2025?
What are the vesting terms for Julio Torres's ASTS restricted stock awards granted in June 2025?
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