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

Scott McLarty, SVP at Spirit AeroSystems, files an amended SEC Form 4 to correct the number of restricted stock units granted on February 9, 2024.

Summary

• Scott McLarty, a Senior Vice President at Spirit AeroSystems Holdings, Inc., filed an amendment to a previous SEC Form 4.
• The amendment corrects the number of restricted stock units (RSUs) granted to McLarty on February 9, 2024.
• The original filing on February 13, 2024, inadvertently over-reported the number of RSUs.
• The corrected filing shows that McLarty was granted 12,036 restricted stock units, which vest in three annual installments starting on the first anniversary of the grant date.
• After the reported transaction, McLarty directly owns 24,142 derivative securities.

Sentiment

Score: 7

Explanation: The document is a routine correction of an administrative error. It doesn't indicate any fundamental issues with the company, but the initial error could raise minor concerns about internal controls.

Negatives

• The original SEC filing on February 13, 2024, contained an error regarding the number of restricted stock units granted.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the equity-based compensation of key personnel.

Key Dates