AST SpaceMobile President Sells $3.3M Stock as BlueBird 9 Heads to SpaceX Launch
ASTS•President Scott Wisniewski sold 25,904 AST SpaceMobile shares for $3.3 million at an average $126.64 apiece, after offloading $4.45 million in March. Meanwhile, the company’s BlueBird 9 satellite arrived at Cape Canaveral ahead of a mid-June SpaceX Falcon 9 launch.
1. Insider Sale Details
In a regulatory filing, President Scott Wisniewski sold 25,904 Class A shares at an average price of $126.64, netting $3.28 million. He previously sold 47,000 shares for $4.45 million in March and still holds 745,973 shares of the company.
2. Satellite Deployment Progress
AST SpaceMobile confirmed that its BlueBird 9 satellite arrived at Cape Canaveral for final processing and integration ahead of a mid-June Falcon 9 launch. The company plans to deploy 45 satellites this year with monthly launches, following recent arrivals of BlueBirds 8 and 10.
3. Share Price Reaction
After climbing over 8% to $129.60, shares slipped more than 2% overnight following disclosure of the insider sale. Investors will monitor upcoming launch milestones and deployment targets for further impact on the stock.
