ASTS Insider Yao Huiwen Files for Proposed Share Sale

TL;DR

**ASTS insider Yao Huiwen is selling shares, watch for potential stock price dip.**

AI Summary

Yao Huiwen, an insider at AST SpaceMobile, Inc. (ASTS), has filed a Form 144 indicating a proposed sale of securities. This filing, dated March 23, 2026, signals that a significant shareholder intends to sell shares, which could increase the supply of ASTS stock on the market. For current or prospective shareholders, this matters because a large insider sale can sometimes be interpreted as a lack of confidence in the company's future prospects, potentially putting downward pressure on the stock price.

Why It Matters

An insider's intent to sell shares can signal a lack of confidence in the company's future, potentially leading to a decrease in stock price due to increased supply.

Risk Assessment

Risk Level: medium — Insider selling can indicate a lack of confidence, but the impact depends on the size of the sale relative to total shares outstanding and the reason for selling.

Analyst Insight

A smart investor would monitor the volume and price action of AST SpaceMobile, Inc. (ASTS) shares following this filing, and consider if the insider's sale aligns with their own investment thesis or if it warrants further investigation into the company's fundamentals.

Key Players & Entities

• Yao Huiwen (person) — Reporting person, an insider at AST SpaceMobile, Inc.
• AST SpaceMobile, Inc. (company) — Subject company whose securities are being proposed for sale.
• 0002027976 (person) — CIK for Yao Huiwen
• 0001780312 (company) — CIK for AST SpaceMobile, Inc.
• March 23, 2026 (date) — Filing Date and Accepted Date of the Form 144

Forward-Looking Statements

• The proposed sale by Yao Huiwen could lead to increased selling pressure on AST SpaceMobile, Inc. stock. (AST SpaceMobile, Inc.) — medium confidence, target: Within 3 months of filing date
• Investors may interpret this insider sale as a negative signal regarding the company's short-term prospects. (AST SpaceMobile, Inc.) — medium confidence, target: Within 1 month of filing date

FAQ

Filing Documents

• primary_doc.html (144)
• primary_doc.xml (144) — 3KB
• 0001213900-26-033002.txt ( ) — 4KB

From the Filing

Form 144 Filer Information UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933 FORM 144 144: Filer Information Is this a LIVE or TEST Filing? LIVE TEST Submission Contact Information Name Phone E-Mail Address 144: Issuer Information Name of Issuer AST SpaceMobile, Inc. Address of Issuer Midland International Air & Space Port 2901 Enterprise Lane Midland TEXAS 79706 Phone 432-276-3966 Name of Person for Whose Account the Securities are To Be Sold Yao Huiwen See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice. Relationship to Issuer Officer 144: Securities Information Title of the Class of Securities To Be Sold Name and Address of the Broker Number of Shares or Other Units To Be Sold Aggregate Market Value Number of Shares or Other Units Outstanding Approximate Date of Sale Name the Securities Exchange Class A Common Stock B. Riley Securities, Inc. 11100 Santa Monica Blvd. Suite 800 Los Angeles � CA � 90025 40000 3597200.00 292637039 03/23/2026 NASDAQ Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor: 144: Securities To Be Sold Title of the Class Date you Acquired Nature of Acquisition Transaction Name of Person from Whom Acquired Is this a Gift? Date Donor Acquired Amount of Securities Acquired Date of Payment Nature of Payment * Class A Common Stock 03/11/2026 Stock Option Exercise Issuer 40000 03/11/2026 Cash * If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid. Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold. 144: Securities Sold During The Past 3 Months Nothing to Report 144: Remarks and Signature Remarks Date of Notice 03/23/2026 Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1 06/12/2025 ATTENTION: The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date. Signature /s/ Huiwen Yao ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

View Full Filing

View this 144 filing on SEC EDGAR