AST SpaceMobile CEO Engages in Financial Planning

The latest announcement is out from AST SpaceMobile ( (ASTS) ).

Abel Avellan, CEO of AST SpaceMobile, engaged in a financial transaction for personal planning through a variable prepaid forward contract, involving no sale of his shares. This non-dilutive move, covering just 3.2% of his holdings, underscores his long-term commitment to the company. Avellan retains voting rights and benefits from potential stock price increases, signaling confidence in AST SpaceMobile’s prospects.

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