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

Mindy McPheeters, SVP, GC/Corp Sec of Spirit AeroSystems, files an amended Form 4 to correct the number of restricted stock units granted on February 9, 2024.

Summary

• Mindy McPheeters, a Senior Vice President at Spirit AeroSystems Holdings, Inc., filed an amendment to a previous Form 4 filing with the SEC.
• The amendment corrects the number of restricted stock units (RSUs) granted to McPheeters on February 9, 2024.
• The original filing on February 13, 2024, inadvertently over-reported the number of RSUs.
• The corrected filing states that McPheeters was granted 11,827 RSUs, which vest in three annual installments starting on the first anniversary of the grant date.
• Each RSU converts into one share of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document is a routine correction of a regulatory filing. While it indicates a previous error, the correction itself is a positive step towards transparency. The sentiment is neutral to slightly positive.

Negatives

• The original Form 4 filing contained an error in the reported number of restricted stock units granted.

Industry Context

This is a routine correction of an executive stock grant filing, common in publicly traded companies. It ensures transparency and accuracy in reporting executive compensation.

Stakeholder Impact

• Ensures shareholders have accurate information regarding executive compensation.

Key Dates