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

William Edward Brown, SVP at Spirit AeroSystems, files an amendment to a previous Form 4 to correct the number of restricted stock units granted on February 9, 2024.

Summary

• William Edward Brown, a Senior Vice President at Spirit AeroSystems Holdings, Inc., filed an amended Form 4 with the SEC to correct a previously reported transaction.
• The amendment addresses an error in the number of restricted stock units (RSUs) granted to Brown on February 9, 2024.
• The original filing on February 13, 2024, incorrectly stated the number of RSUs.
• The corrected filing shows that Brown was granted 14,424 restricted stock units, which vest in three annual installments starting on the first anniversary of the grant date.
• These RSUs convert into common stock on a one-for-one basis.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing, indicating standard corporate governance practices. There is no indication of positive or negative sentiment, but the correction itself is a positive sign of transparency.

Industry Context

Executive compensation and stock ownership are standard disclosures for publicly traded companies. This filing is a routine correction to ensure accurate reporting of executive stock grants.

Stakeholder Impact

• Shareholders benefit from accurate reporting of executive compensation.

Key Dates