AST SpaceMobile (ASTS) president reports tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AST SpaceMobile President Scott Wisniewski reported a routine tax-withholding share disposition related to equity compensation. On the vesting of Restricted Stock Units representing 41,666 shares of Class A Common Stock, 16,377 shares were withheld to cover tax obligations, resulting in 25,289 net vested shares. Following this withholding, he holds 729,596 Class A Common shares directly.
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 | 16,377 | $113.41 | $1.86M |
Holdings After Transaction:
Class A Common Stock — 729,596 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 16,377 shares
RSUs vested: 41,666 shares
Net vested shares: 25,289 shares
+2 more
5 metrics
Tax-withheld shares
16,377 shares
Shares withheld to pay tax liability on RSU vesting
RSUs vested
41,666 shares
Restricted Stock Units representing Class A Common Stock vested
Net vested shares
25,289 shares
Shares delivered after tax withholding on RSU vesting
Post-transaction holdings
729,596 shares
Class A Common Stock held directly after transaction
Reference price per share
$113.41 per share
Price used for tax-withholding share valuation
Key Terms
Restricted Stock Units, Rule 16b-3, tax-withholding disposition, Class A Common Stock
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.
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.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 16,377 shares"
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.
Class A Common Stock financial
"security_title: "Class A Common Stock" and RSUs representing 41,666 shares"
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
What insider transaction did ASTS President Scott Wisniewski report?
Scott Wisniewski reported a tax-withholding disposition of shares tied to equity compensation. 16,377 Class A shares were withheld to pay taxes upon vesting of 41,666 Restricted Stock Units, leaving 25,289 net vested shares and 729,596 shares held directly afterward.
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 automatically withheld to satisfy tax liability when 41,666 Restricted Stock Units vested, with 16,377 shares used for taxes and 25,289 shares delivered to the insider as net vested stock.
How many ASTS Restricted Stock Units vested in this insider event?
Restricted Stock Units representing 41,666 AST SpaceMobile Class A shares vested in this event. To cover tax liabilities, 16,377 shares were withheld, and the remaining 25,289 shares were delivered as net vested stock to President Scott Wisniewski under Rule 16b-3 arrangements.
What does the tax-withholding disposition code F mean in the ASTS insider report?
Code F indicates shares were withheld to cover tax liabilities or exercise costs. In this AST SpaceMobile transaction, 16,377 shares were withheld upon vesting of 41,666 Restricted Stock Units, resulting in 25,289 net shares issued to the insider rather than an open-market sale.