AST SpaceMobile COO Sells $707,000 Worth of Shares Amid Strong One-Year Return
Shanti B. Gupta, Chief Operating Officer at AST SpaceMobile (ticker: ASTS), sold 12,000 shares on September 16, 2026 for approximately $707,000 based on a weighted average price of $58.89 per share. The transaction occurred just before the stock closed higher at $59.27 that day and followed a one-year return of nearly 47% in value. Following this sale, Gupta still holds over 462,000 shares directly with an estimated market value exceeding $29 million as of September 17, 2026. The company's stock has experienced volatility recently after peaking at a high of $133.86 within the past year. AST SpaceMobile continues to operate its satellite-based cellular broadband network and is valued at around $25.5 billion as it expands connectivity solutions for remote areas globally.
Tickers: $ASTS
Topics: AST SpaceMobile executive transaction SEC Form 4 stock sale