AST SpaceMobile, Inc. (ASTS) Form 8-K — Oct 20, 2026
AST SpaceMobile entered into a new three-year executive employment agreement with CFO and Chief Legal Officer Andrew M. Johnson, effective October 14, 2026, superseding his prior agreement. The agreement provides a base salary of at least $250,000, discretionary annual bonus, and eligibility for RSU awards under the 2024 Incentive Award Plan, with automatic one-year renewals absent 30 days notice. If terminated without cause or for good reason, Johnson receives 12 months of salary continuation, potential earned bonus, COBRA coverage, and accelerated vesting of RSUs vesting within 12 months.
Key figures
- Base Salary
- 250000
- Non renewal notice
- 30 days
- Contract initial term
- 3 years
- Severance salary continuation
- 12 months
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