leadership
confidence high
sentiment neutral
materiality 0.25
AST SpaceMobile signs 3-year employment agreement with CFO/CRO Andrew Johnson at $250,000 base salary
AST SpaceMobile, Inc.
- Agreement dated October 14, 2026 with Andrew M. Johnson, EVP, Chief Financial Officer and Chief Legal Officer, supersedes his prior employment agreement.
- Initial term of three years from October 14, 2026, auto-renewing for successive one-year terms unless either party gives 30 days' notice of non-renewal.
- Base salary of not less than $250,000, subject to annual Compensation Committee review; eligible for discretionary annual bonus and RSUs under the 2024 Incentive Award Plan.
- Severance on termination without Cause, for Good Reason or non-renewal: 12 months of base salary, earned bonus, and up to 12 months of subsidized COBRA.
- Severance also includes accelerated vesting of RSUs scheduled to vest in the 12 months post-termination; he stays covered by the Senior Management Change of Control Severance Policy.