Johnson Andrew Martin 4
Research Summary
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AST SpaceMobile (ASTS) CFO Andrew Johnson Receives 100,000-Share Award
What Happened
- Andrew M. Johnson, CFO, Chief Legal Officer and a director of AST SpaceMobile, received an award of 100,000 shares (reported as an acquisition via grant) on 2026-03-24. The reported transaction price/consideration is $0.00 (this reflects a stock-unit award, not a cash purchase).
- These are performance-based stock units (PSUs) that convert into Class A common shares if performance and service conditions are satisfied; the filing shows no immediate sale or cash exercise.
Key Details
- Transaction date: 2026-03-24; Form 4 filed 2026-03-26 (timely filing).
- Transaction type/code: A = Award/Grant; Amount: 100,000 PSUs; Reported price: $0.00.
- Vesting and conversion: Per footnote, PSUs were granted Dec 2, 2025 and certified by the compensation committee. One-third (33,334 shares) vests on 2026-03-31; remaining PSUs vest equally on 2027-03-31 and 2028-03-31, subject to continued service. Each PSU represents a contingent right to one share of Class A common stock.
- Shares owned after transaction: Not disclosed in this filing.
- No 10b5-1 plan, tax-withholding sale, or gift noted; no indication of a cashless exercise or immediate sale.
Context
- This is an award/compensation event, not a market purchase or sale — common for executives as part of pay/performance. Because PSUs are contingent on performance and continued employment, they do not necessarily reflect an immediate change in share ownership until vested and settled.