AST SpaceMobile (ASTS) president settles RSU taxes with 15,241 withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AST SpaceMobile, Inc. President Scott Wisniewski reported a tax-related share withholding tied to restricted stock vesting. On the vesting of Restricted Stock Units representing 41,145 shares of Class A Common Stock, 15,241 shares were withheld at $82.87 per share to cover tax obligations, resulting in a net 25,904 shares vesting to him. Following this tax-withholding disposition, he directly holds 771,877 shares of Class A Common Stock. This event reflects a routine compensation and tax-settlement mechanism rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wisniewski Scott
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 15,241 | $82.87 | $1.26M |
Holdings After Transaction:
Class A Common Stock — 771,877 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 15,241 shares
Tax-withholding share value: $82.87 per share
RSU shares vested: 41,145 shares
+2 more
5 metrics
Shares withheld for taxes
15,241 shares
Tax-withholding disposition on RSU vesting
Tax-withholding share value
$82.87 per share
Value used for withheld Class A shares
RSU shares vested
41,145 shares
Restricted Stock Units converting into Class A shares
Net shares delivered
25,904 shares
Net vested shares after tax withholding
Shares owned after transaction
771,877 shares
Direct Class A Common Stock holdings post-transaction
Key Terms
Restricted Stock Units, Rule 16b-3, tax-withholding disposition, Class A Common Stock
4 terms
Restricted Stock Units financial
"Represents a payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units representing 41,145 shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 16b-3 regulatory
"Restricted Stock Units representing 41,145 shares of Class A Common Stock issued in accordance with Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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.
FAQ
What insider transaction did ASTS President Scott Wisniewski report?
Scott Wisniewski reported a tax-withholding disposition of AST SpaceMobile shares. 15,241 shares of Class A Common Stock were withheld to cover taxes on restricted stock vesting, while 25,904 net shares vested to him as compensation.
Was the ASTS Form 4 transaction an open-market sale by the insider?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to satisfy tax liabilities from Restricted Stock Units vesting, a common non-market compensation-related event.