Form 4: Spirit AeroSystems Executive Granted Restricted Stock Units

Kailash Krishnaswamy, SVP and Chief Procurement Officer of Spirit AeroSystems, was granted 15,908 restricted stock units on March 5, 2025.

Summary

• Kailash Krishnaswamy, a Senior Vice President and Chief Procurement Officer at Spirit AeroSystems Holdings, Inc., was granted 15,908 restricted stock units on March 5, 2025.
• These restricted stock units convert into common stock on a one-for-one basis.
• The units vest in three annual installments, starting on the first anniversary of the grant date.
• Following the transaction, Krishnaswamy directly owns 24,182 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The granting of stock units is a standard practice and suggests confidence in the company's future performance. There are no immediate negative implications.

Positives

• The grant of restricted stock units aligns the executive's interests with those of the shareholders.
• Vesting over three years encourages long-term commitment from the executive.

Future Outlook

The restricted stock units will vest in three annual installments beginning on the first anniversary of the grant date.

Industry Context

Executive compensation packages often include restricted stock units to incentivize performance and align executive interests with shareholder value. This is a common practice in the aerospace industry.

Comparison to Industry Standards

• Comparing the size and vesting schedule of these restricted stock units to those granted to executives at similar aerospace companies like Boeing or Lockheed Martin would provide a benchmark for assessing the competitiveness of Spirit AeroSystems' compensation practices.
• Benchmarking against industry peers such as TransDigm Group or Heico Corporation could offer insights into prevalent compensation structures within the aerospace sector.

Stakeholder Impact

• Shareholders may view the grant positively as it aligns executive interests with long-term company performance.
• Employees may see this as a positive sign of the company investing in its leadership.

Key Dates