AST SpaceMobile adopts change-of-control severance policy for senior executives
ASTS•AST SpaceMobile adopted a severance policy on Sept. 25, 2026, covering senior executives, including all named executive officers. Qualifying terminations trigger cash severance of 2.0 times salary plus target bonus for the CEO and 1.5 times for other covered executives, with certain equity awards eligible for full vesting.
1. Severance policy terms
The policy covers the CEO, president, executive vice presidents and senior vice presidents, including all named executive officers. It applies to qualifying terminations within 12 months of a change of control, or in some cases within 180 days before one; post-adoption awards can vest in full after a qualifying termination, while some share-price conditions can result in forfeiture.
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