AST SpaceMobile (NASDAQ: ASTS) CAO reports routine RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AST SpaceMobile, Inc. Chief Accounting Officer Bernal Maya reported a routine tax-withholding transaction related to equity compensation. On the vesting of Restricted Stock Units representing 6,666 shares of Class A Common Stock, 2,621 shares were withheld to cover tax liability, resulting in a net vested 4,045 shares. After this non‑open‑market disposition, Maya directly holds 115,368 Class A Common Stock shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bernal Maya
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 2,621 | $113.41 | $297K |
Holdings After Transaction:
Class A Common Stock — 115,368 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 2,621 shares
RSU shares vested: 6,666 shares
Net vested shares: 4,045 shares
+2 more
5 metrics
Shares withheld for taxes
2,621 shares
Tax withholding on RSU vesting
RSU shares vested
6,666 shares
Restricted Stock Units vesting
Net vested shares
4,045 shares
After tax withholding on RSUs
Post-transaction holdings
115,368 shares
Class A Common Stock held directly after transaction
Implied withholding price
$113.41 per share
Value used for tax-withholding disposition
Key Terms
Restricted Stock Units, Rule 16b-3, Class A Common Stock, tax liability
4 terms
Restricted Stock Units financial
"Represents a payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units representing 6,666 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 6,666 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.
Class A Common Stock financial
"Represents a payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units representing 6,666 shares of 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.
tax liability financial
"Represents a payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units"
FAQ
What did ASTS officer Bernal Maya report in this Form 4 filing?
Bernal Maya reported shares withheld to cover taxes on vested stock units, not an open‑market sale. The transaction reflects routine tax withholding tied to equity compensation, with 2,621 shares withheld and 4,045 shares vesting net to the officer.
How many ASTS Restricted Stock Units vested for Bernal Maya?
Restricted Stock Units representing 6,666 shares of AST SpaceMobile Class A Common Stock vested for Bernal Maya. To cover associated taxes, 2,621 shares were withheld, resulting in a net 4,045 shares delivered to the officer under the equity award.
Was this ASTS Form 4 transaction an open-market stock sale?
No, this transaction was not an open‑market stock sale. The shares were withheld by AST SpaceMobile to pay tax liability on vesting Restricted Stock Units, a common administrative mechanism rather than a discretionary sale in the market.