Yao Huiwen 4
4 · AST SpaceMobile, Inc. · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
AST SpaceMobile CTO Yao Huiwen Sells 40,000 Shares
What Happened
Yao Huiwen, Chief Technology Officer of AST SpaceMobile, sold 40,000 shares of ASTS stock on March 23, 2026. The weighted average sale price was $88.88 per share, for total gross proceeds of approximately $3,555,200. The shares were sold in multiple transactions at prices ranging from $86.71 to $90.70 per share. This was a sale (not a purchase); the transaction was executed under a pre-established trading plan.
Key Details
- Transaction date: 2026-03-23 (Form 4 filed 2026-03-24 — appears timely).
- Transaction type/code: Open-market sale (S).
- Shares sold: 40,000; weighted average price $88.88; total proceeds ≈ $3,555,200.
- Price range: $86.71 – $90.70 per share (sold in multiple trades).
- Shares owned after transaction: Not reported on this Form 4.
- Footnotes: F1 — sale effected pursuant to a Rule 10b5-1 trading plan adopted June 12, 2025. F2 — weighted average price reported; the filer will provide per-price breakdown on request.
Context
A sale under a Rule 10b5-1 plan generally indicates the trades were pre-planned and may reduce the weight investors should place on the sale as an immediate signal of insider sentiment. Sales are common for liquidity or diversification needs; they are less informative than insider purchases about confidence in the company's prospects. If you need the exact per-trade prices, the filer has offered to provide the breakdown on request.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-03-23$88.88/sh−40,000$3,555,200→ 4,750 total
Footnotes (2)
- [F1]The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2025.
- [F2]Represents the weighted average selling price. These shares were sold in multiple transactions at prices ranging from $86.71 per share to $90.70 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.