[Form 4] Astronics Corp Insider Trading Activity

Rhea-AI Filing Summary

Astronics Corp director Neil Y. Kim received 6,055 restricted stock units that were settled into common shares on 08/27/2025. The settlement increased his direct beneficial ownership to 42,523 shares. The Form 4 shows the RSUs were granted and settled as part of compensation (transaction code M) and recorded at a nominal price of $0 with a $0.01 par value reference. The filing also lists outstanding stock options exercisable through 2027 and 2028 with exercise prices of $28.50 and $34.04, and convertible/plan-designated shares tied to those options. The Form 4 was signed by a power of attorney on behalf of Mr. Kim on 08/28/2025.

Positive

• Director increased direct ownership by 6,055 shares through RSU settlement, raising holdings to 42,523 shares.
• Transaction was compensation-related (code M), indicating the shares were part of an equity compensation program rather than a sale.
• No sales reported in this filing, so the director did not liquidate shares contemporaneously.

Negative

• None.

Insights

Financial Analyst

TL;DR: Director ownership increased by 6,055 shares via RSU settlement, raising direct holdings to 42,523 shares.

The transaction is a routine compensation settlement, not an open-market purchase or sale. The immediate effect is higher insider alignment with shareholders through increased direct share ownership. Outstanding options listed have exercise prices materially above par value and expire in 2027 and 2028, representing potential future dilution if exercised. No sales or transfers were reported, so there is no immediate liquidity event or signaling of cashing out.

Corporate Governance Expert

TL;DR: Settlement of RSUs to a director is a standard compensation action that increases insider stake.

This Form 4 documents settlement of compensation-related RSUs (code M), a common governance practice to retain and align directors. The filing is properly executed via power of attorney. The record of outstanding options and RSUs is useful for assessing potential future dilution and director incentives, but this single settlement is routine and not a governance concern by itself.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

KIM NEIL Y.

(Last) (First) (Middle)

130 COMMERCE WAY

(Street)

EAST AURORA NY 14052

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ASTRONICS CORP [ ATRO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/27/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
$.01 PV Com Stk	08/27/2025		M		6,055	A	$0	42,523	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option	$34.04							03/02/2019	03/02/2028	$.01 PV CL B STK	600		600	D
Option	$28.5							09/07/2017	03/07/2027	$.01 PV CL B STK	600		600	D
Option	$28.5							09/07/2017	03/07/2027	$.01 PV Com Stk	4,000		4,000	D
Option	$34.04							03/02/2019	03/02/2028	$.01 PV Com Stk	4,000		4,000	D
Restricted Stock Unit	(1)	08/27/2025		M			6,055	(2)	(2)	$.01 PV Com Stk	6,055	$0	0	D

Explanation of Responses:

1. Each restricted stock unit represents the right to receive, at settlement, one share of common stock.

2. These restricted stock units were settled for shares of common stock on August 27, 2025.

Remarks:

	/s/Julie Davis as Power of Attorney for Neil Y. Kim	08/28/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Neil Y. Kim report on the Form 4 for ATRO?

He reported the settlement of 6,055 restricted stock units into common shares on 08/27/2025, increasing his direct beneficial ownership to 42,523 shares.

Were the 6,055 shares acquired by purchase or as compensation in ATRO?

The shares were settled from restricted stock units as compensation, shown by transaction code M on the Form 4.

Does the Form 4 show any sales of ATRO stock by the reporting person?

No. The Form 4 shows acquisitions and outstanding derivative holdings but does not report any sales by Neil Y. Kim.

What outstanding derivative securities does the filing list for the reporting person?

The filing lists stock options exercisable through 03/07/2027 and 03/02/2028 with exercise prices of $28.50 and $34.04, and other options/awards tied to common stock.

Who signed the Form 4 for Neil Y. Kim?

The Form 4 was signed by Julie Davis as Power of Attorney for Neil Y. Kim on 08/28/2025.