Form 4: Astronics Corp Director Warren C. Johnson Reports Stock Transactions

Director Warren C. Johnson reports the settlement of restricted stock units for Astronics Corp common stock.

Summary

• On August 22, 2024, Warren C. Johnson, a director of Astronics Corp, reported the settlement of 6,346 restricted stock units (RSUs) for common stock.
• The transaction involved the conversion of these RSUs into 6,346 shares of common stock.
• Following the reported transaction, Johnson directly owns 42,168 shares of common stock.
• Johnson also holds options for Astronics Corp stock, including 4,000 options exercisable at $28.50 expiring on March 7, 2027, 600 options exercisable at $28.50 expiring on September 7, 2027, 4,000 options exercisable at $34.04 expiring on March 2, 2028, and 600 options exercisable at $34.04 expiring on March 2, 2028.

Sentiment

Score: 6

Explanation: Neutral sentiment. The document simply reports transactions. The director's continued holdings are a mildly positive signal.

Positives

• The director's continued holding of shares and options may signal confidence in the company's future performance.

Future Outlook

The document does not contain explicit forward-looking statements, but the director's continued holdings suggest a potentially positive outlook.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency regarding the actions of company insiders.

Comparison to Industry Standards

• Insider transactions are a normal part of corporate governance and are regularly monitored across the industry.
• Comparing the director's holdings and transaction history to those of peers in similar aerospace and defense companies could provide further context, but specific comparable companies are not mentioned in the document.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders due to the director's continued investment in the company.

Key Dates