Form 4: Astronics Corp Director Neil Y. Kim Reports Stock Transactions
SEC Form 4
Director Neil Y. Kim reports the settlement of restricted stock units for shares of common stock in Astronics Corp on August 22, 2024.
Summary
- On August 22, 2024, Neil Y. Kim, a director of Astronics Corp, engaged in transactions involving the company's stock.
- Kim settled 6,346 restricted stock units (RSUs) for 6,346 shares of common stock.
- Following the transaction, Kim directly owns 36,468 shares of Astronics Corp.
- Kim also holds options to purchase 600 shares of Class B stock at an exercise price of $34.04, expiring on March 2, 2028.
- Additionally, Kim holds options to purchase 600 shares of Class B stock at an exercise price of $28.50, expiring on March 7, 2027.
- Kim holds options to purchase 4,000 shares of common stock at an exercise price of $28.50, expiring on March 7, 2027.
- Kim holds options to purchase 4,000 shares of common stock at an exercise price of $34.04, expiring on March 2, 2028.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies. It provides transparency into the actions of company leadership.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the issuance of shares related to existing compensation plans.
Key Dates
| Date | Description |
|---|---|
| 09/07/2017 | Date of grant for options to purchase Class B and common stock. |
| 03/02/2019 | Date of grant for options to purchase Class B and common stock. |
| 03/07/2027 | Expiration date for options to purchase Class B and common stock. |
| 03/02/2028 | Expiration date for options to purchase Class B and common stock. |
| 08/22/2024 | Date of transaction: Settlement of restricted stock units for common stock. |
| 08/26/2024 | Date of Form 4 filing. |
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