Astronics (ATRO) EVP gifts stock, still holds 62K shares
Rhea-AI Filing Summary
Astronics Corp (ATRO) reported that Executive VP & President–Aerospace Mark Peabody made a bona fide gift of 150 shares of $.01 par value common stock on 2026-08-18, leaving him with 62,232.73 common shares held directly. He also directly holds 232,610 Class B shares and multiple stock options on both common and Class B stock at exercise prices between $8.12 and $29.68 per share. In addition, he holds several performance-based restricted stock unit awards, including 15,900, 15,150 and 7,675 common-stock RSUs (and corresponding Class B RSUs) that may vest between 50% and 150% of target based on Astronics’ average annual adjusted EBITDA over three-year periods ending in 2026, 2027 and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 150 shares
Net Sell
24 txns
Insider
PEABODY MARK
Role
Executive VP & Pres-Aerospace
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | $.01 PV Com Stk | 150 | $0.00 | $0.00 |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Restricted Stock Unit F1, F2 | -- | -- | -- |
| holding | Restricted Stock Unit F3, F2 | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Restricted Stock Unit F1, F4 | -- | -- | -- |
| holding | Restricted Stock Unit F3, F4 | -- | -- | -- |
| holding | Restricted Stock Unit F1, F5 | -- | -- | -- |
| holding | Restricted Stock Unit F3, F5 | -- | -- | -- |
| holding | $.01 PV CL B STK | -- | -- | -- |
Holdings After Transaction:
$.01 PV Com Stk — 62,232.73 shares (Direct);
Option — 139,481 shares (Direct);
Restricted Stock Unit — 46,470 shares (Direct);
$.01 PV CL B STK — 232,610 shares (Direct)
Footnotes (5)
- F1. Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- F2. Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January 1, 2024- December 31, 2026. The "target" number of restricted stock units is reported. Between 50% and 150% of the target number of units may vest on February 22, 2027, with the vesting percentage determined based on actual performance.
- F3. Each restricted stock unit represents the right to receive, at settlement, one share of class B stock.
- F4. Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January 1, 2025- December 31, 2027. The "target" number of restricted stock units is reported. Between 50% and 150% of the target number of units may vest on February 27, 2028, with the vesting percentage determined based on actual performance.
- F5. Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January 1, 2026- December 31, 2028. The "target" number of restricted stock units is reported. Between 50% and 150% of the target number of units may vest on February 19, 2029, with the vesting percentage determined based on actual performance.
Key Figures
Gifted common shares: 150 shares
Common shares after gift: 62,232.73 shares
Class B shares held: 232,610 shares
+5 more
8 metrics
Gifted common shares
150 shares
Bona fide gift of $.01 PV common stock on 2026-08-18
Common shares after gift
62,232.73 shares
Directly held $.01 PV common stock following transaction
Class B shares held
232,610 shares
Directly held $.01 PV Class B stock as a reported holding
Option exercise price range
$8.12–$29.68 per share
Exercise prices on direct stock options expiring 2026–2033
Option underlying common shares
26,700 shares
Common shares underlying options at $8.12 expiring 2032-12-16
Performance RSUs common (2024–2026 cycle)
15,900 units
Target common-stock RSUs vesting 50%–150% based on 2024–2026 EBITDA
Performance RSUs common (2025–2027 cycle)
15,150 units
Target common-stock RSUs vesting 50%–150% based on 2025–2027 EBITDA
Performance RSUs common (2026–2028 cycle)
7,675 units
Target common-stock RSUs vesting 50%–150% based on 2026–2028 EBITDA
Key Terms
bona fide gift, restricted stock unit, class B stock, average annual adjusted EBITDA, +1 more
5 terms
bona fide gift financial
"Transaction code G is described as a bona fide gift of shares"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
restricted stock unit financial
"Each restricted stock unit represents the right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
class B stock financial
"Each restricted stock unit represents the right to receive one share of class B stock"
Class B stock is a type of company share that usually carries different voting or economic rights than the more common Class A shares — for example, fewer votes per share or different dividend rules. Investors care because those differences affect control and potential returns: it’s like owning a cheaper seat at an event that gives less say over what happens, so Class B shares can trade at different prices and influence how much sway a shareholder has over company decisions.
average annual adjusted EBITDA financial
"Vesting depends on Astronics Corp.'s average annual adjusted EBITDA for the period"
target number of restricted stock units financial
"The "target" number of restricted stock units is reported for each award"
FAQ
What did ATRO executive Mark Peabody report in this Form 4 filing?
Mark Peabody reported a bona fide gift of 150 shares of Astronics $.01 par value common stock on 2026-08-18, with no sale proceeds, plus updated disclosures of his option and restricted stock unit holdings.
How are Astronics (ATRO) performance-based RSUs structured for Mark Peabody?
His performance-based restricted stock units vest based on Astronics’ average annual adjusted EBITDA over three-year periods. Between 50% and 150% of the target RSUs may vest on set dates in 2027, 2028 and 2029, depending on actual performance.
Does this Astronics (ATRO) Form 4 indicate any open-market stock sales by Mark Peabody?
The filing shows a bona fide gift of 150 common shares with a reported price of $0.00 per share and no sale transactions. The remaining entries list current holdings in options, RSUs and Class B shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
