4/A: Spirit AeroSystems CEO Amends Stock Sale Details

Spirit AeroSystems CEO Patrick M. Shanahan filed an amended Form 4 to correct the number of shares surrendered for taxes related to restricted stock unit vesting.

Summary

• Patrick M. Shanahan, President and CEO of Spirit AeroSystems Holdings, Inc. (SPR), filed an amended Form 4.
• The amendment corrects an error in the original Form 4 filed on October 1, 2025.
• The original filing incorrectly reported 62,687 shares of Class A Common Stock surrendered for tax payment in connection with restricted stock unit vesting.
• The corrected number of shares surrendered is 58,789.
• Following this transaction, Mr. Shanahan beneficially owns 358,787 shares of Class A Common Stock.
• The transaction date for the surrender of shares was September 30, 2025, at a price of $38.6 per share.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While an initial error occurred, the prompt correction demonstrates transparency and commitment to accurate reporting, which is a positive for stakeholders.

Positives

• The company and its executive are demonstrating transparency and accuracy by correcting previously reported information.
• The amendment ensures the public record of insider holdings is precise.

Negatives

• An initial administrative error in reporting the number of shares surrendered required an amendment.

Risks

• The initial misreporting highlights a minor risk of administrative errors in SEC filings, though it was promptly corrected.

Future Outlook

This filing is an amendment to a past transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing pertains to a routine insider transaction amendment, which is common for executives managing their equity compensation. It does not provide information directly related to broader industry trends or competitive landscape.

Comparison to Industry Standards

• The surrender of shares for tax withholding upon the vesting of restricted stock units is a standard practice for executive compensation across various industries, including aerospace manufacturing.
• Amending Form 4 filings to correct minor administrative errors is also a common occurrence in SEC reporting, demonstrating adherence to regulatory requirements for accuracy.

Stakeholder Impact

• Shareholders: Provides accurate information regarding the beneficial ownership of a key executive, ensuring transparency in insider holdings.
• Regulatory Authorities: Demonstrates compliance with SEC reporting requirements by correcting previously filed information.

Key Dates

Keywords

Spirit AeroSystems, SPR, Form 4, Insider Transaction, Stock Sale, Executive Compensation, Patrick Shanahan, Amendment