4/A: Spirit AeroSystems Executive Terry J. George Corrects Stock Unit Grant in Amended SEC Filing

Sentiment:

SEC Filing


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

Summary

  • Terry J. George, a Senior Vice President of Operations at Spirit AeroSystems Holdings, Inc., filed an amendment to a previous Form 4 with the SEC.
  • The amendment corrects the number of restricted stock units (RSUs) granted to George on February 9, 2024.
  • The original filing on February 13, 2024, incorrectly reported the number of RSUs.
  • The corrected filing shows that George was granted 10,303 restricted stock units, which vest in three annual installments starting on the first anniversary of the grant date.
  • These RSUs convert into Class A Common Stock on a one-for-one basis.
  • Following the reported transaction, George beneficially owns 19,108 derivative securities.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't indicate any significant positive or negative developments for the company, so the sentiment is neutral.

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 holdings of company insiders.

Stakeholder Impact

  • The correction of the RSU grant ensures accurate reporting to shareholders and the public.

Key Dates

DateDescription
02/09/2024Date of the restricted stock unit grant.
02/13/2024Date of the original Form 4 filing with the incorrect information.
02/27/2024Date of the amended Form 4/A filing.

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