4/A: Spirit AeroSystems Executive Sean Black Corrects Stock Unit Grant in Amended SEC Filing
SEC Filing
Sean Black, SVP of Engineering at Spirit AeroSystems, files an amended SEC Form 4 to correct the number of restricted stock units granted on February 9, 2024.
Summary
- This is an amended SEC Form 4 filing by Sean Black, SVP of Engineering at Spirit AeroSystems.
- The amendment corrects the number of restricted stock units (RSUs) granted to Black on February 9, 2024.
- The original Form 4, filed on February 13, 2024, inadvertently over-reported the number of RSUs.
- The corrected filing shows that Black was granted 9,122 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 previous filing, indicating standard corporate governance practices. The sentiment is neutral to slightly positive as it reflects transparency and adherence to regulations.
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 executives.
Key Dates
| Date | Description |
|---|---|
| 02/09/2024 | Date of the restricted stock units grant. |
| 02/13/2024 | Date of the original Form 4 filing with the incorrect RSU number. |
| 02/27/2024 | Date of the amended Form 4/A filing. |
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