AST SpaceMobile (ASTS) CFO RSU vesting leads to tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AST SpaceMobile, Inc. director and CFO/CLO Andrew Martin Johnson reported a routine tax-withholding transaction tied to equity compensation. Restricted Stock Units representing 41,666 shares of Class A Common Stock vested, and 16,377 shares were withheld to cover tax liabilities at $113.41 per share. This resulted in a net 25,289 shares vesting to him, and he now directly holds 549,428 Class A shares. The event reflects compensation-related tax settlement, not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Johnson Andrew Martin
Role
CFO and CLO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 16,377 | $113.41 | $1.86M |
Holdings After Transaction:
Class A Common Stock — 549,428 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 16,377 shares
Reference price per share: $113.41 per share
RSUs vested: 41,666 shares
+2 more
5 metrics
Shares withheld for taxes
16,377 shares
Tax-withholding disposition on RSU vesting
Reference price per share
$113.41 per share
Value used for tax-withholding disposition
RSUs vested
41,666 shares
Restricted Stock Units that vested
Net vested shares delivered
25,289 shares
RSU shares remaining after tax withholding
Shares owned after transaction
549,428 shares
Direct Class A Common Stock holdings post-transaction
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 16,377.0000 shares of Class A Common Stock"
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 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.
FAQ
What insider transaction did AST SpaceMobile (ASTS) report for Andrew Martin Johnson?
AST SpaceMobile reported that Andrew Martin Johnson settled taxes on vested RSUs by share withholding. RSUs for 41,666 Class A shares vested, and 16,377 shares were withheld to cover tax liabilities, leaving a net 25,289 shares delivered to him as equity compensation.
How many AST SpaceMobile RSUs vested for Andrew Martin Johnson?
Restricted Stock Units representing 41,666 shares of AST SpaceMobile Class A Common Stock vested for Andrew Martin Johnson. After 16,377 shares were withheld for taxes, the net number of vested shares actually delivered to him totaled 25,289 Class A shares under his compensation plan.
What does tax-withholding disposition mean in the ASTS Form 4?
Tax-withholding disposition means some shares from vested equity awards are retained to cover tax obligations. In this case, 16,377 AST SpaceMobile shares from vested RSUs were withheld, satisfying Johnson’s tax liability instead of him paying cash, a common equity compensation mechanism.