AST SpaceMobile (ASTS) president sells 47k, gifts 3k shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AST SpaceMobile, Inc. president Scott Wisniewski reported two transactions in Class A common stock. He completed an open-market sale of 47,000 shares on March 17, 2025 at a weighted average price of $94.75 per share, with individual trades ranging from $94.12 to $95.27. He also made a bona fide gift of 3,000 shares as a contribution to a non-profit organization. After these dispositions, he directly holds 663,681 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 47,000 shares ($4,453,250)
Net Sell
2 txns
Insider
Wisniewski Scott
Role
President
Sold
47,000 shs ($4.45M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 47,000 | $94.75 | $4.45M |
| Gift | Class A Common Stock | 3,000 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 666,681 shares (Direct)
Footnotes (1)
- Represents the weighted average selling price. These shares were sold in multiple transactions at prices ranging from $94.12 per share to $95.27 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. Contribution to non-profit organization.
FAQ
What did AST SpaceMobile (ASTS) president Scott Wisniewski report in this Form 4?
Scott Wisniewski reported an open-market sale and a gift of AST SpaceMobile Class A shares. He sold 47,000 shares and gifted 3,000 shares, both dated March 17, 2025, and now holds 663,681 shares directly after the reported transactions.
What does the weighted average price mean in this ASTS Form 4 sale?
The weighted average price of $94.75 reflects multiple sale trades executed between $94.12 and $95.27 per share. The footnote states the insider will provide detailed trade-by-trade pricing information to the issuer, security holders, or SEC staff upon request.