secwatch.observer — SEC 8-K summary
======================================

Issuer:     AST SpaceMobile, Inc. (ASTS)
CIK:        0001780312
Form:       8-K
Filed at:   2026-10-20T20:30:17+00:00
Accession:  0001493152-26-047766
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02
LLM model:  deepseek-v4.1-flash:cloud@v2

AST SpaceMobile signs 3-year employment agreement with CFO/CRO Andrew Johnson at $250,000 base salary
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1780312/000149315226047766/0001493152-26-047766-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1780312/000149315226047766/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-047766

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer