CTO Huiwen Yao sells 40,000 ASTS shares ($3.9M) on 2026-06-05 via scheduled 10b5-1 plan; stock down 31.2% from high.
Huiwen Yao, CTO of AST SpaceMobile, sold 40,000 shares (40.0K shares) for $3,854,800.00 ($3.9M) at $96.37 on 2026-06-05 as part of a pre-arranged 10b5-1 trading plan adopted on 2025-06-12—a scheduled, non-discretionary transaction. The sale reduces his holdings by 53.5% from 74,750 to 34,750 shares (34.8K shares). At current price of $92.06, the stock has declined 31.2% from its 52-week high of $133.86. His prior ASTS trades show mixed 90-day outcomes: returns ranging from +5.3% to +80.8% on four sales, with one sale on 2026-03-23 posting a 30-day loss of -4.8%. The underlying company reported revenue of $14,735,000.00 ($14.7M) in its latest quarter with annual revenue growth of +1505.2%, but net income remains deeply negative at $-191,012,000.00 ($-191.0M), indicating the business is unprofitable on a full-year basis. Because this trade is scheduled under a 10b5-1 plan, it does not reflect discretionary judgment about current valuation or company direction; however, the substantial position reduction, combined with severe and widening losses, warrants attention to the company's path to profitability and cash runway.