STOCK TITAN

AST SpaceMobile (ASTS) CTO sells 40,000 shares under Rule 10b5-1 plan

Filing Impact
(Very High)
Filing Sentiment
(Negative)
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 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)
  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.
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
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.
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SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
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*
Yao Huiwen

(Last)(First)(Middle)
C/O AST SPACEMOBILE, INC., MIDLAND AIR &
SPACE PORT, 2901 ENTERPRISE LANE

(Street)
MIDLAND TEXAS 79706

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
AST SpaceMobile, Inc. [ ASTS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/05/2026S40,000(1)D$96.37(2)34,750D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2025.
2. 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.
/s/ Huiwen Yao06/08/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.

At what price did the ASTS CTO sell the 40,000 shares?

The 40,000 AST SpaceMobile shares were sold at a weighted average price of $96.37. Individual trades occurred at prices ranging from $90.97 to $103.92 per share, according to the disclosed transaction details.

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.

How many AST SpaceMobile shares does the CTO hold after the sale?

After selling 40,000 shares, AST SpaceMobile’s CTO directly holds 34,750 Class A Common shares. This post-transaction holding figure comes from the same Form 4 and helps show the remaining equity stake following the sale.

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.