AST SpaceMobile adopts change-of-control severance policy for senior executives
AST SpaceMobile's Compensation Committee adopted a Senior Management Change of Control Severance Policy on September 25, 2026, covering the CEO, President, and all Executive and Senior Vice Presidents. The policy sets cash severance, benefit continuation, and equity vesting terms that apply if an executive is terminated without cause or resigns for constructive discharge around a change of control.
Key points
- Adopted September 25, 2026; applies to the CEO, the President, and all EVPs and SVPs, including all named executive officers
- CEO payment multiple is 2.0 times base salary plus target bonus; other eligible employees receive 1.5 times
- Benefit continuation runs 24 months for the CEO and 18 months for other eligible employees; performance awards convert to time-based awards on a change of control
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.