AST SpaceMobile President Sells Over $3.2M in Shares

Author: Owen Davis

AST SpaceMobile President Scott Wisniewski Executes Major Share Sale

Scott Wisniewski, President of AST SpaceMobile (NASDAQ: ASTS), sold Class A common stock worth a total of $3,280,482. The weighted average sale price was $126.64 per share.

Transaction Details

The shares were sold in multiple transactions at prices ranging from $126.41 to $126.99 per share. Following the sale, Wisniewski directly owns 745,973 Class A common shares.

The transaction was disclosed in a Form 4 filing with the SEC. Insider trading activities are closely watched by investors as they may signal management's confidence in the company's prospects.

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