Jul. 16 at 3:01 PM
$ASTS Convertible debt is really common in growth companies. Look at
$AMZN in 2000 and
$NFLX in 2011 and '13. If people are upset up insider sales, here's some sanity:
President Scott Wisniewski: Sold 25,904 shares at a weighted average price of
$126.41-
$126.99 on May 26, 2026 — three days before the Blue Origin explosion. The stock was near its all-time high of
$133.86.
CTO Yao Huiwen: Sold 40,000 shares at a weighted average of
$96.37, in multiple trades between
$90.97 and
$103.92, on June 5, 2026 — a week after the Blue Origin explosion, executed under a Rule 10b5-1 trading plan adopted June 12, 2025. A 10b5-1 plan is pre-scheduled approximately a year in advance and executes automatically without the insider's day-to-day input.
CFO/CLO Andrew Martin Johnson: Sold 45,809 shares at a weighted average of
$93.81 on a filing dated June 12, 2026, also after the Blue Origin explosion. The filing structure suggests this also followed a pre-arranged plan.
