8-KCurrent report
Officer or director change
✓ VerifiedAST SpaceMobile signed a new three-year executive employment agreement on October 14, 2026 with CFO and Chief Legal Officer Andrew M. Johnson, setting a base salary of not less than $250,000.
Filed Oct 20, 2026 · 20:30 ET
Summary
- On October 14, 2026, AST SpaceMobile and subsidiary AST & Science, LLC entered a new executive employment agreement with Andrew M. Johnson, Executive Vice President, Chief Financial Officer and Chief Legal Officer, superseding his prior agreement.
- The agreement has an initial term of three years beginning October 14, 2026 and renews automatically for successive one-year terms unless either party gives at least 30 days' notice of non-renewal.
- Johnson is entitled to an annual base salary of not less than $250,000, subject to annual review by the Compensation Committee, plus an annual performance bonus at the Board's discretion.
- He is eligible for time-based and performance-based restricted stock unit awards under the AST SpaceMobile, Inc. 2024 Incentive Award Plan.
- On termination without Cause, for Good Reason, or non-renewal, he receives 12 months of continued base salary, earned annual bonus, up to 12 months subsidized COBRA, and accelerated RSU vesting for the following 12 months.
- Johnson remains bound by a Confidentiality, Invention Assignment and Non-Competition Agreement and is an Eligible Employee under the Senior Management Change of Control Severance Policy.
Key facts
- Executive
- Andrew M. Johnson
From the filing for Executive
“an executive employment agreement (the "Employment Agreement") with Andrew M. Johnson, the Company's Executive Vice President, Chief Financial Officer and Chief Legal Officer”
- Effective date
- October 14, 2026
From the filing for Effective date
“On October 14, 2026, AST SpaceMobile, Inc. (the "Company") and its subsidiary AST & Science, LLC entered into an executive employment agreement”
- Initial term
- three years
From the filing for Initial term
“The Employment Agreement has an initial term of three years beginning on October 14, 2026 and renews automatically for successive one-year terms”
- Base salary
- not less than $250,000
From the filing for Base salary
“Mr. Johnson is entitled to an annual base salary of not less than $250,000, subject to annual review by the Compensation Committee of the Board of Directors”
- Non-renewal notice
- at least 30 days' notice
From the filing for Non-renewal notice
“renews automatically for successive one-year terms unless either party gives at least 30 days' notice of non-renewal”
- Severance salary
- continued payment of base salary for 12 months
From the filing for Severance salary
“(i) continued payment of base salary for 12 months, (ii) any annual bonus earned for the year of termination”
- Equity plan
- 2024 Incentive Award Plan
From the filing for Equity plan
“time-based and performance-based restricted stock unit awards under the AST SpaceMobile, Inc. 2024 Incentive Award Plan, as amended and restated”
Why it mattersThe filing sets the compensation and severance terms for AST SpaceMobile's combined CFO and Chief Legal Officer through at least October 2029. It replaces his prior agreement and ties equity awards to the company's 2024 incentive plan.
- Filed
- Oct 20, 2026
- Accepted
- 2026-10-21 00:30Z
- Period
- Oct 14, 2026
- Accession no.
- 0001493152-26-047766
- Size
- 197 KB
- Index
- Filing index