AST SpaceMobile (ASTS) grants CFO 75,000 RSUs with multi-year vesting
Rhea-AI Filing Summary
AST SpaceMobile, Inc. (ASTS) reported that its Chief Financial Officer and Chief Legal Officer, Andrew Martin Johnson, received an equity award of Class A Common Stock. The award consists of 75,000 restricted stock units (RSUs), recorded as an acquisition at no cash cost per share.
According to the award terms, the RSUs will vest in three equal installments, one third on each of the first, second, and third anniversary of May 30, 2026, subject to the executive’s continued service through each vesting date. Each RSU represents a contingent right to receive one share of AST SpaceMobile’s Class A Common Stock, and following this grant the reporting person directly holds 556,484 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 75,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents a grant of restricted stock units ("RSUs") that will vest one third on the first, second, and third anniversary of May 30, 2026, subject to the Reporting Person's continued service through the vesting date. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
Key Figures
Key Terms
restricted stock units financial
RSUs financial
vest financial
contingent right financial
FAQ
What insider transaction did ASTS report for Andrew Martin Johnson?
What is the vesting schedule for the 75,000 RSUs reported by ASTS?
Does the ASTS insider pay cash for the RSUs granted on this Form 4?
What does each RSU granted by ASTS represent for the reporting person?
AI-generated analysis. How Rhea-AI works. Not financial advice.