4/A: Spirit AeroSystems Executive Corrects Stock Unit Grant in Amended SEC Filing

Alan W. Young, SVP of Fabrication & Procurement at Spirit AeroSystems, files an amended Form 4 to correct the number of restricted stock units granted on February 9, 2024.

Summary

• Alan W. Young, a Senior Vice President at Spirit AeroSystems Holdings, Inc., filed an amended Form 4 with the SEC.
• The amendment corrects the number of restricted stock units (RSUs) granted to Mr. Young on February 9, 2024.
• The original Form 4, filed on February 13, 2024, inadvertently over-reported the number of RSUs.
• The corrected filing shows that Mr. Young was granted 11,719 RSUs directly and 1,752 RSUs indirectly through his spouse on February 9, 2024.
• These RSUs vest in three annual installments starting on the first anniversary of the grant date.

Sentiment

Score: 7

Explanation: The document is a routine correction of an SEC filing, indicating standard corporate governance procedures. The sentiment is neutral to slightly positive as it reflects transparency and adherence to regulatory requirements.

Negatives

• The original Form 4 filed on February 13, 2024, contained an error, requiring an amendment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The correction of the filing ensures accurate information is available to shareholders and the public.

Key Dates