Form 4: Astronics Director Converts Restricted Stock Units
Insider Transaction Report
Astronics Corp. Director Warren C. Johnson converted 6,055 restricted stock units into common stock on August 27, 2025, increasing his direct beneficial ownership.
Summary
- Warren C. Johnson, a Director of Astronics Corp (ATRO), acquired 6,055 shares of common stock.
- The acquisition occurred on August 27, 2025, through the settlement of restricted stock units (RSUs).
- Each restricted stock unit represented the right to receive one share of common stock upon settlement.
- Following this transaction, Mr. Johnson directly beneficially owns 48,223 shares of Astronics Corp. common stock.
- The transaction price for the acquired shares was $0, as it represents the conversion of previously granted RSUs.
Sentiment
Score: 6
Explanation: The filing reports a routine RSU conversion by a director, which is a positive signal of insider ownership alignment, but does not contain new fundamental information to significantly alter sentiment.
Positives
- Increased direct beneficial ownership by a director, aligning management interests with shareholders.
- The conversion of restricted stock units into common stock demonstrates the vesting and realization of equity compensation.
Stakeholder Impact
- Shareholders: Increased alignment of a director's interests with shareholders due to higher direct stock ownership.
Key Dates
| Date | Description |
|---|---|
| 09/07/2017 | Date exercisable for options with a $28.5 exercise price, expiring 03/07/2027 and 09/07/2027. |
| 03/02/2019 | Date exercisable for options with a $34.04 exercise price, expiring 03/02/2028. |
| 08/27/2025 | Date of RSU settlement and acquisition of 6,055 common shares. |
| 08/28/2025 | Date the Form 4 was signed by Power of Attorney. |
Recommendation
holdThis Form 4 reports a routine conversion of restricted stock units into common stock by a director. While it increases insider ownership and aligns interests, it does not provide new material financial or strategic information that would warrant a change in investment recommendation based solely on this filing. Investors should consider broader company fundamentals and market conditions.
Keywords
Astronics Corp, ATRO, Warren C. Johnson, Director, Insider Transaction, Form 4, Restricted Stock Units, RSU Conversion, Common Stock, Equity Compensation
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