Form 4: Spirit AeroSystems SVP & CFO Mark Suchinski Reports Stock Transactions
SEC Form 4 Filing
Mark Suchinski, SVP & CFO of Spirit AeroSystems, reports the vesting and conversion of restricted stock units into common stock, along with a disposition of shares to cover tax obligations.
Summary
- On February 26, 2024, Mark Suchinski, the SVP & CFO of Spirit AeroSystems Holdings, Inc., engaged in transactions involving the company's stock.
- Specifically, 4,902 restricted stock units vested and were converted into Class A Common Stock.
- Additionally, 2,175 shares were disposed of at a price of $28.39 to satisfy tax obligations.
- Following these transactions, Suchinski directly owns 47,525 shares of Class A Common Stock and 43,391 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, and it doesn't necessarily indicate a significant trend or event within the aerospace industry.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation and tax-related stock disposals.
Key Dates
| Date | Description |
|---|---|
| 02/26/2021 | Reporting person was granted 14,710 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| 02/26/2024 | Restricted stock units converted into common stock; shares disposed of for tax obligations. |
| 02/28/2024 | Date of signature for the Form 4 filing. |
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