Form 4: Astronics Corp Director Jeffry D. Frisby Reports Share Donation
SEC Form 4 Filing
Director Jeffry D. Frisby of Astronics Corp reported a donation of 2,100 shares of common stock to a charitable organization.
Summary
- Jeffry D. Frisby, a director at Astronics Corp, has reported a transaction involving the company's stock.
- On December 26, 2024, Mr. Frisby donated 2,100 shares of Astronics Corp common stock to a charitable organization.
- The donation was made in connection with year-end tax planning.
- Following the transaction, Mr. Frisby directly owns 41,468 shares of Astronics Corp common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of a routine insider transaction, with no significant positive or negative implications for the company's performance.
Industry Context
This is a routine filing related to insider transactions and is not indicative of any broader industry trends.
Comparison to Industry Standards
- Form 4 filings are standard practice for company insiders and are required by the SEC.
- The donation of shares for tax planning is a common practice among executives and directors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a personal transaction of a director.
Key Dates
| Date | Description |
|---|---|
| 12/26/2024 | Date of the share donation transaction. |
| 12/30/2024 | Date the Form 4 was signed. |
Keywords
Astronics Corp, director, Jeffry D. Frisby, share donation, charitable donation, insider transaction, Form 4
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