Form 4: Astronics Director Jeffry Frisby Receives Stock Bonus

Astronics Corporation Director Jeffry D. Frisby reported the acquisition of 1,533 shares of common stock as a bonus award.

Summary

• Jeffry D. Frisby, a Director of Astronics Corp (ATRO), acquired 1,533 shares of $.01 PV Com Stk.
• The acquisition was a stock bonus award for service as a director.
• The transaction date for the acquisition was February 19, 2026.
• The acquisition price per share was $0, as it was a bonus award.
• Following this transaction, Jeffry D. Frisby beneficially owns 47,056 shares directly.
• The filing also details existing derivative securities (options) held by Mr. Frisby, including 4,000 options for $.01 PV Com Stk and 600 options for $.01 PV CL B STK with an exercise price of $28.50, exercisable from September 7, 2017, and expiring March 7, 2027.
• Additionally, Mr. Frisby holds 4,000 options for $.01 PV Com Stk and 600 options for $.01 PV CL B STK with an exercise price of $34.04, exercisable from March 2, 2019, and expiring March 2, 2028.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as it increases insider ownership and aligns the director's interests with long-term shareholder value.

Positives

• The acquisition of shares as a bonus award increases insider ownership, which typically aligns the director's interests with long-term shareholder value.
• The transaction represents a routine compensation practice for directors, indicating stable corporate governance.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

StockSavvy.ai notes that insider stock awards are a common practice to incentivize directors and align their interests with the company's performance and shareholder value, reflecting standard corporate governance practices within the aerospace and defense industry.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholder value due to higher insider ownership.
• Management: Reinforces compensation structure for directors, potentially motivating continued service and performance.

Key Dates

Keywords

Astronics Corp, ATRO, Jeffry D. Frisby, Director, Stock Bonus, Insider Ownership, SEC Form 4, Equity Compensation, Corporate Governance