[Form 4] AST SpaceMobile, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Insider transaction summary: AST SpaceMobile Chief Operating Officer Shanti B. Gupta reported a disposition related to the vesting of restricted stock units. The filing shows 25,000 RSUs vested, with 12,755 shares withheld to satisfy tax withholding at a price of $48.08 per share, yielding a net vested position of 12,245 shares retained by the reporting person. Following the reported disposition, the filing shows 292,912 shares of Class A common stock beneficially owned by the reporting person.

Positive

• Disclosure clarity: The Form 4 clearly explains the withholding of shares to cover tax liability related to RSU vesting.
• Beneficial ownership reported: The filing discloses a specific post-transaction beneficial ownership figure of 292,912 Class A shares.

Negative

• Share reduction: 12,755 shares were disposed of (withheld) to satisfy taxes, reducing the immediate shareholding from the vested amount.

Insights

Financial Analyst

TL;DR: Routine RSU tax-withholding sale reduced held shares; transaction is non-operational and has limited market impact.

The Form 4 documents a common administrative transaction: RSUs vested and a portion sold/withheld to cover tax obligations. The report specifies 25,000 RSUs vested, 12,755 shares were disposed of via withholding at $48.08 per share, resulting in 12,245 net vested shares and a total beneficial ownership of 292,912 Class A shares. This is a non-derivative, insider disposition tied to compensation tax mechanics rather than a voluntary open-market sale, so it does not signal an operational change or a change in control.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 16 reporting; transaction appears to be tax withholding on vested RSUs, a standard compliance event.

The filing identifies the reporting person as an officer (Chief Operating Officer) and reports the mechanics of RSU vesting and tax withholding consistent with Rule 16b-3 treatment. The explanation clarifies that withholding securities satisfied tax liability tied to 25,000 vested RSUs, producing a net issuance of 12,245 shares. The Form 4 is properly signed and lists the beneficial ownership after the transaction, supporting transparency for shareholders and regulators.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gupta Shanti B.

(Last) (First) (Middle)

C/O AST SPACEMOBILE, INC., MIDLAND AIR &

SPACE PORT, 2901 ENTERPRISE LANE

(Street)

MIDLAND TX 79706

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AST SpaceMobile, Inc. [ ASTS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/15/2025		F		12,755(1)	D	$48.08	292,912	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units representing 25,000 shares of Class A Common Stock issued in accordance with Rule 16b-3, resulting in a net vested number of 12,245 shares.

	/s/ Shanti Gupta	08/19/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did ASTS insider Shanti B. Gupta report?

The report discloses tax-withholding related to the vesting of 25,000 RSUs, with 12,755 shares withheld at $48.08 per share, leaving 12,245 net vested shares.

How many ASTS shares does the reporting person beneficially own after the transaction?

The Form 4 reports 292,912 shares of Class A common stock beneficially owned following the reported transaction.

Was this a market sale or an administrative withholding for taxes?

The filing states the disposition represents a payment of tax liability by withholding securities incident to RSU vesting, not an open-market sale.

What role does the reporting person hold at AST SpaceMobile (ASTS)?

The filing identifies the reporting person as an Officer with the title Chief Operating Officer.

What was the price used in the reported withholding transaction?

The transaction price listed for the withheld shares is $48.08 per share.