AST SpaceMobile (ASTS) CFO RSUs, PSUs vest with tax share withholding
Rhea-AI Filing Summary
AST SpaceMobile, Inc. (ASTS) reported that its CFO and CLO, Andrew Martin Johnson, had shares of Class A Common Stock withheld on August 15, 2026 to cover tax liabilities upon equity vesting. Two code F transactions disposed of a total of 22,135 shares at $70.98 per share through tax withholding, not open-market sales.
The first transaction related to the vesting of 25,000 Restricted Stock Units, with 9,838 shares withheld for taxes and a net vesting of 15,162 shares. The second related to vesting of 31,250 performance-based stock unit awards, with 12,297 shares withheld, resulting in a net vested amount of 18,953 shares of Class A Common Stock.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 22,135 shares
Net Sell
2 txns
Insider
Johnson Andrew Martin
Role
CFO and CLO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 9,838 | $70.98 | $698K |
| Tax Withholding | Class A Common Stock F2 | 12,297 | $70.98 | $873K |
Holdings After Transaction:
Class A Common Stock — 481,484 shares (Direct)
Footnotes (2)
- F1. Represents a payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units representing 25,000 shares of Class A Common Stock issued in accordance with Rule 16b-3, resulting in a net vested number of 15,162 shares.
- F2. Represents a payment of tax liability by withholding securities incident to the vesting of performance-based stock unit awards ("PSUs") representing 31,250 shares of Class A Common Stock issued in accordance with Rule 16b-3, resulting in a net vested number of 18,953 shares.
Key Figures
RSUs vested: 25,000 shares
RSU shares withheld for taxes: 9,838 shares
Net RSU shares vested: 15,162 shares
+5 more
8 metrics
RSUs vested
25,000 shares
Restricted Stock Units representing Class A Common Stock that vested for the CFO and CLO
RSU shares withheld for taxes
9,838 shares
Shares withheld to pay tax liability on RSU vesting, code F transaction
Net RSU shares vested
15,162 shares
Net vested shares after tax withholding on RSU vesting
PSUs vested
31,250 shares
Performance-based stock unit awards representing Class A Common Stock that vested
PSU shares withheld for taxes
12,297 shares
Shares withheld to pay tax liability on PSU vesting, code F transaction
Net PSU shares vested
18,953 shares
Net vested shares after tax withholding on PSU vesting
Tax withholding share price
$70.98 per share
Transaction price used for both tax-withholding dispositions on August 15, 2026
Total shares withheld for taxes
22,135 shares
Combined shares withheld across both code F transactions for tax liabilities
Key Terms
Restricted Stock Units, performance-based stock unit awards ("PSUs"), Rule 16b-3
3 terms
Restricted Stock Units financial
"Represents a payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units"
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.
performance-based stock unit awards ("PSUs") financial
"withholding securities incident to the vesting of performance-based stock unit awards ("PSUs") representing 31,250 shares"
Rule 16b-3 regulatory
"Class A Common Stock issued in accordance with Rule 16b-3, resulting in a net vested number"
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.
FAQ
What insider transactions did ASTS CFO Andrew Johnson report on August 15, 2026?
Andrew Johnson reported two code F transactions on August 15, 2026, where 22,135 shares of Class A Common Stock were withheld to pay tax liabilities arising from the vesting of RSUs and PSUs, rather than sold in the open market.
What performance-based stock unit (PSU) vesting did ASTS disclose for Andrew Johnson?
AST SpaceMobile disclosed vesting of 31,250 performance-based stock unit awards (PSUs) for Andrew Johnson. To cover related tax liabilities, 12,297 shares were withheld, resulting in a net vested amount of 18,953 shares of Class A Common Stock.
Were the ASTS insider transactions by Andrew Johnson open-market sales?
No. Both transactions were reported under code F as payments of tax liability by withholding AST SpaceMobile Class A shares upon vesting of RSUs and PSUs, meaning the shares were not sold in open-market transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.