Form 4: Director Richard Sarnoff Receives ASTS Stock Grant

Director Richard Sarnoff was granted 2,124 shares of AST SpaceMobile, Inc. Class A Common Stock as part of a restricted stock award.

Summary

• Director Richard Sarnoff acquired 2,124 shares of Class A Common Stock on June 12, 2026.
• The shares were granted at a price of $0.00 as part of a restricted stock award.
• Following this transaction, the reporting person holds a total of 80,363 shares of Class A Common Stock.
• The restricted stock awards vest in full on the earlier of the one-year anniversary of the grant date or the date of the next annual meeting of stockholders.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• Vesting is subject to the director's continued service through the applicable vesting date.

Future Outlook

The restricted stock awards are scheduled to vest on the earlier of the one-year anniversary of the grant date (June 12, 2027) or the date of the next annual meeting of stockholders.

Industry Context

StockSavvy.ai notes that equity grants to directors are standard corporate governance practices designed to incentivize long-term performance and align leadership with shareholder interests in the satellite communications sector.

Comparison to Industry Standards

• The grant of restricted stock units to non-employee directors is consistent with standard compensation practices for publicly traded technology and telecommunications companies.

Stakeholder Impact

• Minor increase in director equity stake, reinforcing commitment to company performance.

Next Steps

• Vesting of the 2,124 restricted stock units on the earlier of June 12, 2027, or the next annual meeting of stockholders.

Key Dates

Keywords

ASTS, AST SpaceMobile, Form 4, Insider Transaction, Director Compensation, Equity Grant