Astronics (ATRO) director reports one-for-five Class B stock distribution
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Astronics Corp director Linda O'Brien reported changes in how she and her spouse hold company stock, driven by a one-for-five distribution of Class B stock to holders of both Common and Class B shares as of the record date of June 15, 2026.
Following these non-market transactions, she holds 21,372 shares of $.01 par value Common Stock directly and 1,200 Common shares indirectly through her husband. She also holds 4,274 shares of $.01 par value Class B Stock directly and 240 Class B shares indirectly, all reported at a transaction price of $0.00 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
O'Brien Linda
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | $.01 PV CL B STK | 4,274 | $0.00 | -- |
| Other | $.01 PV CL B STK | 240 | $0.00 | -- |
| holding | $.01 PV Com Stk | -- | -- | -- |
| holding | $.01 PV Com Stk | -- | -- | -- |
Holdings After Transaction:
$.01 PV CL B STK — 4,274 shares (Direct, null);
$.01 PV CL B STK — 240 shares (Indirect, Spouse);
$.01 PV Com Stk — 21,372 shares (Direct, null);
$.01 PV Com Stk — 1,200 shares (Indirect, Spouse)
Footnotes (1)
- Shares issued pursuant to a one-for-five distribution of Class B stock to holders of both Common and Class B stock on the record date of June 15, 2026. Represents shares owned by her husband.
Key Figures
Direct Common Stock holdings: 21,372 shares
Indirect Common Stock holdings: 1,200 shares
Direct Class B Stock holdings: 4,274 shares
+3 more
6 metrics
Direct Common Stock holdings
21,372 shares
$.01 par value Common Stock following transactions on June 15, 2026
Indirect Common Stock holdings
1,200 shares
$.01 par value Common Stock held through spouse after June 15, 2026
Direct Class B Stock holdings
4,274 shares
$.01 par value Class B Stock following one-for-five distribution
Indirect Class B Stock holdings
240 shares
$.01 par value Class B Stock held through spouse after distribution
Restructuring-related shares
4,514 shares
Total Class B shares in restructuring-type transactions coded J
Record date
June 15, 2026
Record date for one-for-five Class B stock distribution
Key Terms
one-for-five distribution, Class B stock, record date, indirect ownership, +1 more
5 terms
one-for-five distribution financial
"Shares issued pursuant to a one-for-five distribution of Class B stock to holders"
Class B stock financial
"one-for-five distribution of Class B stock to holders of both Common and 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.
record date financial
"on the record date of June 15, 2026"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
indirect ownership financial
"Represents shares owned by her husband."
other acquisition or disposition financial
"transaction code description: Other acquisition or disposition"
FAQ
What did Linda O'Brien report in her Form 4 for Astronics (ATRO)?
Linda O'Brien reported changes in her direct and indirect holdings of Astronics stock tied to a one-for-five Class B stock distribution. The filing shows updated Common and Class B share balances, all at a reported transaction price of $0.00 per share.
Does Linda O'Brien’s Astronics Form 4 show any open-market stock purchases or sales?
The Form 4 does not report open-market purchases or sales. The main reportable events are code J transactions, described as other acquisitions or dispositions, all at a transaction price of $0.00 per share tied to a stock distribution.
What is the one-for-five Class B stock distribution mentioned in Astronics director Linda O'Brien’s filing?
The filing notes that shares were issued under a one-for-five distribution of Class B stock to holders of both Common and Class B stock on the June 15, 2026 record date. This corporate action created the newly reported Class B positions.