SPR.Spirit Aerosystems Holdings, INC

Form 4: Spirit AeroSystems Executive Mindy McPheeters Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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Mindy McPheeters, SVP, GC/Corp Sec of Spirit AeroSystems, reports the vesting and subsequent withholding of shares to cover taxes on restricted stock units.

Summary

  • On February 26, 2024, Mindy McPheeters, SVP, GC/Corp Sec of Spirit AeroSystems Holdings, Inc., reported transactions involving Class A Common Stock.
  • 926 restricted stock units vested and converted into common stock.
  • 403 shares were withheld to cover tax obligations at a price of $28.39.
  • Following these transactions, McPheeters directly owns 14,441 shares of Class A Common Stock and 18,845 restricted stock units.

Sentiment

Score: 5

Explanation: This is a neutral filing related to standard stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies. It provides transparency into the trading activities of key personnel.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they represent a small portion of the overall outstanding shares.

Key Dates

DateDescription
02/26/2021Reporting person was granted 2,778 restricted stock units, vesting in three annual installments beginning on the first anniversary of the grant date.
02/26/2024Vesting of restricted stock units and withholding of shares for taxes.
02/28/2024Date of signature for the Form 4 filing.

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