AST SpaceMobile (ASTS) CTO sells 40,000 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AST SpaceMobile, Inc. Chief Technology Officer Yao Huiwen reported an open-market sale of 40,000 shares of Class A Common Stock on June 5, 2026. The shares were sold at a weighted average price of $96.37, in multiple trades between $90.97 and $103.92 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 12, 2025, and Yao now holds 34,750 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 40,000 shares ($3,854,800)
Net Sell
1 txn
Insider
Yao Huiwen
Role
Chief Technology Officer
Sold
40,000 shs ($3.85M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 40,000 | $96.37 | $3.85M |
Holdings After Transaction:
Class A Common Stock — 34,750 shares (Direct, null)
Footnotes (1)
- The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2025. Represents the weighted average selling price. These shares were sold in multiple transactions at prices ranging from $90.97 per share to $103.92 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 sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 40,000 shares
Weighted average sale price: $96.37 per share
Price range of trades: $90.97–$103.92 per share
+2 more
5 metrics
Shares sold
40,000 shares
Open-market sale of Class A Common Stock on June 5, 2026
Weighted average sale price
$96.37 per share
Average across multiple trades
Price range of trades
$90.97–$103.92 per share
Range of individual sale prices
Shares held after transaction
34,750 shares
Direct ownership following sale
Net shares sold
40,000 shares
Net-sell direction per transaction summary
Key Terms
Rule 10b5-1 trading plan, weighted average selling price, Class A Common Stock, open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average selling price financial
"Represents the weighted average selling price. These shares were sold in multiple transactions at prices ranging from $90.97 per share to $103.92 per share, inclusive."
Class A Common Stock financial
"security_title: 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.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did AST SpaceMobile (ASTS) report?
AST SpaceMobile reported that CTO Yao Huiwen sold 40,000 Class A Common shares in an open-market transaction. The filing shows this was a planned sale under a Rule 10b5-1 trading plan adopted earlier.
Does the ASTS Form 4 sale use a Rule 10b5-1 trading plan?
Yes. The CTO’s sale was executed under a Rule 10b5-1 trading plan adopted on June 12, 2025. Such plans allow pre-scheduled trades, which can make the transaction’s timing less indicative of the insider’s short-term market view.
What type of security was involved in the latest ASTS insider sale?
The transaction involved AST SpaceMobile Class A Common Stock, categorized as a non-derivative security. The Form 4 reports only this share sale, with no related option exercises or other derivative transactions listed.