Form 4: Astronics Corp Director Jeffry D. Frisby Reports Stock Transactions
SEC Form 4 Filing
Director Jeffry D. Frisby reports the settlement of restricted stock units for common stock and adjustments to derivative security holdings in Astronics Corp.
Summary
- On August 22, 2024, Jeffry D. Frisby, a director of Astronics Corp, reported transactions involving the company's stock.
- Frisby settled 6,346 restricted stock units (RSUs) for 6,346 shares of common stock.
- Following the reported transactions, Frisby directly owns 43,568 shares of common stock.
- Frisby also holds options for both common stock and Class B stock with exercise prices of $28.5 and $34.04, expiring in 2027 and 2028 respectively.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reflecting standard insider trading activity. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common and expected. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The reported transactions provide transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 09/07/2017 | Date of grant for options with a $28.5 exercise price. |
| 03/02/2019 | Date of grant for options with a $34.04 exercise price. |
| 03/07/2027 | Expiration date for options with a $28.5 exercise price. |
| 03/02/2028 | Expiration date for options with a $34.04 exercise price. |
| 08/22/2024 | Date of transaction: settlement of restricted stock units. |
| 08/26/2024 | Date of Form 4 filing. |
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