Welcome to our dedicated page for AST SpaceMobile SEC filings (Ticker: ASTS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
AST SpaceMobile filings document the development, financing, governance, and material events of a public company building a direct-to-device satellite broadband network. Its 8-K reports cover financial results, business-update materials, BlueBird satellite launch matters, and capital-structure transactions involving Class A common stock and convertible senior notes.
Proxy materials describe annual meeting voting matters, board composition, stockholder agreement rights, executive compensation, and governance practices. Registration and financing disclosures address shelf offerings, registered direct offerings, note indentures, conversion terms, risk factors, indebtedness, and the funding needs associated with satellite manufacturing and deployment.
AST SpaceMobile, Inc. plans a primary registered direct offering of Class A common stock while simultaneously arranging a new convertible note issuance and a second registered direct equity sale. Together with existing cash, these financings are aimed at repurchasing up to $200 million of 2.375% convertible notes and up to $50 million of 4.25% convertible notes through privately negotiated transactions, reducing higher‑coupon debt.
The company reports strong liquidity, with preliminary 2025 cash, cash equivalents and restricted balances of about $2.78 billion against total consolidated indebtedness of about $2.264 billion, including three series of convertible notes and secured borrowings. Preliminary 2025 revenue is estimated between $63–$71 million, with operating expenses of about $355–$363 million and adjusted operating expenses of $257–$263 million.
AST SpaceMobile continues to build its space-based cellular broadband network, highlighting the successful unfolding of its BlueBird 6 satellite and cumulative capitalized property and equipment costs of roughly $1.6 billion. The filing also details significant regulatory, funding and execution risks tied to satellite deployment, spectrum transactions, multi-class voting control and potential future dilution from equity and convertible securities.
AST SpaceMobile, Inc. outlined a major financing plan and shared preliminary 2025 figures. The company plans a private offering of $1.0 billion in convertible senior notes due 2036, with an option for an additional $150 million, alongside two registered direct equity offerings to fund up to $300 million of repurchases of its 2032 convertible notes.
Preliminary 2025 revenues are estimated at $63–$71 million, with operating expenses of $355–$363 million and adjusted operating expenses of $257–$263 million. As of December 31, 2025, cash and restricted cash were about $2,780 million and total consolidated indebtedness about $2,264 million, reflecting significant use of debt to fund its satellite constellation and the Ligado spectrum transaction.
The Vanguard Group filed an amended Schedule 13G reporting beneficial ownership of 21,488,180 shares of AST SpaceMobile common stock, representing 7.68% of the class as of 12/31/2025. Vanguard reports no sole voting or dispositive power, with all voting and dispositive authority shared across accounts it manages.
Vanguard notes that, following an internal realignment effective January 12, 2026, certain subsidiaries or business divisions are expected to report beneficial ownership separately on a disaggregated basis, while continuing the same investment strategies. Vanguard also certifies the position is held in the ordinary course of business and not for the purpose of changing or influencing control of AST SpaceMobile.
AST SpaceMobile’s Chief Operating Officer reported a tax-related share withholding and corrected a past share count error. On 09/15/2024, 25,575 shares of Class A Common Stock were withheld at $29.83 per share to cover taxes upon vesting of Restricted Stock Units tied to 50,000 shares, leaving a net 24,425 shares from that grant. After this transaction, the officer directly holds 348,232 Class A shares. The filing also explains that a Form 4 filed on September 17, 2024, and subsequent Forms 4 had overstated the officer’s direct Class A Common Stock holdings by 50,000 shares due to an administrative error, which this amendment corrects.
AST SpaceMobile, Inc. reported a change in its board of directors following the resignation of Mr. Hiroshi Mikitani on January 13, 2026, effective the same day. Mr. Mikitani had served as the designee of Rakuten Group, Inc. under a stockholders agreement, but subsequent issuances of Class A common stock reduced Rakuten’s ownership below the level required to continue designating a director. Rakuten still has the contractual right to appoint one observer to the board. The company stated that Mr. Mikitani’s resignation was not due to any disagreement regarding its operations, policies, or practices. On January 16, 2026, the board reduced its size from 12 directors to 11 to remove the vacant seat previously held by Mr. Mikitani.
AST SpaceMobile director Keith Larson reported buying additional shares of the company’s Class A common stock. On 12/24/2025, he acquired 625 shares at a price of $ 80 per share, recorded as an indirect holding through an IRA account. Following this transaction, he beneficially owned 2,015 Class A shares in total through this indirect arrangement.
The filing notes that the purchase was made under a pre-established Rule 10b5-1 trading plan that Larson adopted on September 8, 2025. A Rule 10b5-1 plan is a preset trading program that allows insiders to buy or sell stock according to predetermined instructions.
AST SpaceMobile director Keith Larson reported a small planned share purchase. On 12/17/2025, he acquired 715 shares of Class A Common Stock of AST SpaceMobile, Inc. at a price of $70.02 per share. After this transaction, he beneficially owned 1,390 shares, held indirectly through an IRA.
The filing states that the trade was executed under a pre-arranged Rule 10b5-1 trading plan that Larson adopted on September 8, 2025, which is designed to provide an affirmative defense for trades made according to preset instructions.
AST SpaceMobile, Inc. reported an insider stock sale by its Chief Operating Officer, Shanti Gupta. As an officer of the company, he filed a Form 4 to disclose the transaction.
On 12/10/2025, he sold 10,000 shares of Class A common stock in an open market sale (transaction code "S") at a price of $77.34 per share. After this sale, he beneficially owned 382,375 shares of Class A common stock, held as a direct ownership position.
AST SpaceMobile, Inc. reported an equity award to its president on a Form 4. On 12/02/2025, the officer received 125,000 restricted stock units (RSUs) of Class A Common Stock at a stated price of $0 per share. The filing states that these RSUs vest 33% per year on each of the first, second, and third anniversaries of May 30, 2025, as long as the executive continues in service through each vesting date.
After this grant, the reporting person beneficially owned 713,681 shares of Class A Common Stock in direct ownership. Each RSU represents a contingent right to receive one share, so as the RSUs vest, the executive will receive additional Class A shares over time.
AST SpaceMobile (ASTS) director Adriana Cisneros reported indirect open‑market purchases of the company’s Class A common stock. On 11/20/2025, trusts for the benefit of her children bought 375 Class A shares at $50.79 per share in each of two reported transactions. These holdings are reported as indirect beneficial ownership, and Cisneros disclaims pecuniary interest because she is not the trustee of the trusts. The filing is a routine Form 4 insider transaction report and does not change the company’s capital structure in a material way.