Form 4: Astronics Director Converts RSUs to Common Stock
Insider Transaction Report
Astronics Corp. Director Robert T. Brady converted 6,055 restricted stock units into common stock shares on August 27, 2025, as part of a pre-planned transaction.
Summary
- Director Robert T. Brady of Astronics Corp. (ATRO) acquired 6,055 shares of common stock.
- This acquisition resulted from the settlement of 6,055 restricted stock units (RSUs).
- The transaction occurred on August 27, 2025, with a price of $0 for both the acquisition of common stock and the disposition of RSUs, indicating a conversion event.
- Following the transaction, Mr. Brady directly owns 85,069 shares of $.01 PV Com Stk and 175,076 shares of $.01 PV CL B STK.
- The transaction was made pursuant to a Rule 10b5-1(c) plan.
Sentiment
Score: 7
Explanation: The settlement of restricted stock units into common stock is a positive sign of a director's continued equity stake and is a routine, expected event. It doesn't indicate any immediate negative sentiment.
Positives
- Conversion of Restricted Stock Units into common stock demonstrates the director's continued equity ownership in the company.
- The transaction was pre-planned under a Rule 10b5-1(c) plan, indicating a structured approach to equity management.
Negatives
- No direct negative implications are apparent from this routine RSU settlement.
Future Outlook
This filing does not contain any forward-looking statements or guidance.
Industry Context
This Form 4 filing details a routine insider transaction (RSU settlement) and does not provide information that allows for a broader industry trend analysis or comparison to competitors.
Stakeholder Impact
- Shareholders: The transaction increases the director's direct common stock ownership, aligning interests with shareholders.
- Employees: As a form of equity compensation, it reflects standard practices for executive incentives.
Key Dates
| Date | Description |
|---|---|
| 08/26/2016 | Date exercisable for certain options with a $22.93 exercise price. |
| 09/07/2017 | Date exercisable for certain options with a $28.50 exercise price. |
| 03/02/2019 | Date exercisable for certain options with a $34.04 exercise price. |
| 08/27/2025 | Date of transaction for RSU settlement and common stock acquisition. |
| 08/28/2025 | Signature date of the reporting person's power of attorney. |
| 02/26/2026 | Expiration date for certain options with a $22.93 exercise price. |
| 03/07/2027 | Expiration date for certain options with a $28.50 exercise price. |
| 03/02/2028 | Expiration date for certain options with a $34.04 exercise price. |
Recommendation
holdThis Form 4 filing reports a routine, pre-planned conversion of restricted stock units into common stock by a director. Such a transaction is a standard part of executive compensation and does not provide new information that would warrant a change in investment recommendation. It simply reflects the director's continued equity ownership in the company.
Keywords
Astronics Corp, ATRO, Form 4, Insider Transaction, Robert T Brady, Restricted Stock Units, RSU Conversion, Common Stock, Director Ownership, Equity Compensation
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