Huiwen Yao - 14 Nov 2025 Form 4 Insider Report for AST SpaceMobile, Inc. (ASTS)

Role: Chief Technology Officer
Signature: /s/ Huiwen Yao
Issuer symbol: ASTS
Transactions as of: 14 Nov 2025
Net transactions value: +$2,564
Form type: 4
Filing time: 17 Nov 2025, 17:00:27 UTC
Previous filing: 17 Sep 2025
Next filing: 08 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Yao Huiwen	Chief Technology Officer	C/O AST SPACEMOBILE, INC., MIDLAND AIR &, SPACE PORT, 2901 ENTERPRISE LANE, MIDLAND	/s/ Huiwen Yao	17 Nov 2025	0002027976

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASTS	Class A Common Stock	Exercise of in-the-money or at-the-money derivative security	$2,564	+40,000	+842%	$0.0641	44,750	14 Nov 2025	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ASTS	AST LLC Incentive Equity Options	Exercise of in-the-money or at-the-money derivative security	$0	-40,000	-11%	$0.000000	339,912	14 Nov 2025	Class A Common Stock	40,000	$0.0641	See Footnote	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of Class A Common Stock obtained from exercise of AST LLC Incentive Equity Options.
F2	Six months after vesting, each AST LLC Incentive Equity Option is exercisable for an AST LLC Incentive Equity Unit, each of which is then exchangeable for an AST LLC Common Unit that is redeemable for one share of Class A Common Stock. The AST LLC Incentive Equity Options expire no later than 10 years from the date of grant.