Avellan Abel Antonio 4
4 · AST SpaceMobile, Inc. · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
AST SpaceMobile (ASTS) CEO Avellan Receives 184,375-Share Award
What Happened
- Abel Antonio Avellan, CEO of AST SpaceMobile, was reported as acquiring 184,375 performance-based stock units (PSUs) in a Form 4 filed for the 2026-03-24 transaction date. The units were recorded at $0.00 (award/grant, transaction code A). Each PSU represents a contingent right to one share of Class A common stock.
Key Details
- Transaction date and type: 2026-03-24 — Grant / Award (A) of 184,375 PSUs at $0.00.
- Vesting: Per footnote F1, these PSUs were granted Dec 2, 2025 and certified upon achievement of performance conditions; one-third (61,459 shares) vests on March 31, 2026, with the remaining PSUs vesting equally on March 31, 2027 and March 31, 2028, subject to continued service.
- Shares owned after transaction: Not specified in this Form 4 filing.
- Notable footnotes: F1 describes the PSU certification and vesting schedule. Footnotes F2 and F3 relate to AST Common Units and prior reclassification and are not directly part of this PSU award line.
- Filing timeliness: Form filed 2026-03-26 for a 2026-03-24 transaction — appears timely (filed within required Form 4 reporting window).
Context
- This was an award of performance-based units, not a cash purchase or sale. Awards like PSUs reflect compensation and achievement of specified performance goals; they vest over time and are subject to continued service requirements. This filing reports the grant/acquisition event and the scheduled vesting — it does not indicate any immediate sale or exercise of shares.
Insider Transaction Report
Form 4
Avellan Abel Antonio
DirectorChief Executive Officer
Transactions
- Award
Class A Common Stock
[F1]2026-03-24+184,375→ 78,597,453 total
Holdings
- 78,163,078
Class C Common Stock
- 78,163,078
Common Units
[F2][F3]→ Class A Common Stock (78,163,078 underlying)
Footnotes (3)
- [F1]Represents achievement of certain performance-based stock unit awards ("PSUs") granted on December 2, 2025, following certification by the Issuer's compensation committee that the applicable individual performance conditions had been satisfied. One third of the PSUs representing 61,459 shares of Class A Common Stock will vest on March 31, 2026 and the remaining PSUs will vest equally on March 31, 2027 and March 31, 2028, subject to the Reporting Person's continued service through the vesting dates. Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F2]The securities reported in this line item represent AST Common Units. At any time on or after April 6, 2022, these AST Common Units may be redeemed by the Reporting Person in exchange for shares of Class A common stock of the Issuer on a one-to-one basis. When a holder of Class C common stock of the Issuer exchanges AST Common Units for shares of Class A common stock of the Issuer, a number of shares of Class C common stock of the Issuer equal to the number of such AST Common Units will be immediately retired by the Issuer and will no longer be outstanding. The AST Common Units do not expire.
- [F3]In connection with the closing of the business combination between New Providence Acquisition Corp. and AST & Science, LLC ("AST") on April 6, 2021, each existing common unit previously issued by AST was reclassified and reissued by AST into new Common Units on a 1-to-14.50149869 basis. In addition, each equityholder of Common Units received an equivalent number of Class B Common Stock or Class C Common Stock of the Issuer, as applicable.
Signature
/s/ Abel Avellan|2026-03-26