AST SpaceMobile Director Receives 801 Restricted Shares in Annual Compensation
AST SpaceMobile director Richard Sarnoff received a new grant of 801 restricted stock awards on June 24, 2025.
Rhea-AI Filing Summary
AST SpaceMobile director Richard Sarnoff received a new grant of 801 restricted stock awards on June 24, 2025. Following this transaction, Sarnoff now beneficially owns a total of 78,239 shares of Class A Common Stock directly.
The restricted stock awards are subject to vesting conditions that will fully vest on the earlier of:
- One-year anniversary of June 6, 2025
- Date of the next annual meeting of stockholders following the grant date
The vesting is contingent upon Sarnoff's continued service through the applicable vesting date. The shares were granted at $0.00 cost basis, representing standard director compensation. This Form 4 filing was submitted in compliance with SEC regulations for insider trading disclosure.
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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