Form 4: Astronics Corp Director Neil Y. Kim Reports Acquisition of Restricted Stock Units
SEC Form 4
Director Neil Y. Kim reports acquisition of 6,055 restricted stock units in Astronics Corp.
Summary
- Neil Y. Kim, a director of Astronics Corp, filed a Form 4 on March 3, 2025, reporting a transaction on February 27, 2025.
- The transaction involved the acquisition of 6,055 restricted stock units (RSUs) of Astronics Corp common stock.
- These RSUs vest 100% on August 27, 2025.
- Kim also holds options to purchase Astronics Corp stock at exercise prices of $28.50 and $34.04, as well as shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Future Outlook
The director will receive 6,055 shares of common stock upon settlement of the restricted stock units on August 27, 2025.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the holdings and transactions of company directors.
Stakeholder Impact
- The acquisition of restricted stock units by a director aligns their interests with those of shareholders, potentially incentivizing them to work towards increasing shareholder value.
Key Dates
| Date | Description |
|---|---|
| 03/02/2019 | Date exercisable for options with a price of $34.04 |
| 09/07/2017 | Date exercisable for options with a price of $28.5 |
| 03/07/2027 | Expiration date for options with a price of $28.5 |
| 03/02/2028 | Expiration date for options with a price of $34.04 |
| 02/27/2025 | Date of transaction: Acquisition of restricted stock units |
| 08/27/2025 | Vesting date for the restricted stock units |
| 03/03/2025 | Date of Form 4 filing |
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