Form 4: Astronics Corp Director Warren C. Johnson Reports Acquisition of Restricted Stock Units
SEC Form 4
Director Warren C. Johnson reports the acquisition of 6,055 restricted stock units in Astronics Corp.
Summary
- On February 27, 2025, Warren C. Johnson, a director of Astronics Corp, acquired 6,055 restricted stock units (RSUs).
- These RSUs represent the right to receive one share of common stock each upon settlement.
- The RSUs are scheduled to vest 100% on August 27, 2025.
- Johnson also directly owns 42,168 shares of common stock.
- Johnson also owns options to purchase 4,000 shares of common stock and 600 shares of Class B stock at exercise prices of $28.50 and $34.04.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating a director's acquisition of restricted stock units, which can be seen as a sign of confidence, but it's not overwhelmingly positive.
Positives
- The acquisition of restricted stock units by a director could be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The acquisition of restricted stock units by a director may have a slight positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/07/2017 | Date exercisable for options with a strike price of $28.5 |
| 03/02/2019 | Date exercisable for options with a strike price of $34.04 |
| 02/27/2025 | Date of transaction: Acquisition of restricted stock units |
| 03/03/2025 | Date of filing of the Form 4 |
| 08/27/2025 | Vesting date for the acquired restricted stock units |
| 03/07/2027 | Expiration date for options with a strike price of $28.5 |
| 09/07/2027 | Expiration date for options with a strike price of $28.5 |
| 03/02/2028 | Expiration date for options with a strike price of $34.04 |
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