Astronics (NASDAQ: ATRO) director gets 8,811 Class B shares in stock distribution
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Astronics Corp director Mark J. Moran reported updated holdings in the company’s stock. He received 8,811 shares of $.01 par value Class B stock at a stated price of $0.0000 per share, described as an “other transaction.” The footnote explains these shares were 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. Following this, he directly holds 44,056 shares of $.01 par value Common Stock and 8,811 shares of Class B stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MORAN MARK J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | $.01 PV CL B STK | 8,811 | $0.00 | -- |
| holding | $.01 PV Com Stk | -- | -- | -- |
Holdings After Transaction:
$.01 PV CL B STK — 8,811 shares (Direct, null);
$.01 PV Com Stk — 44,056 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Class B shares received: 8,811 shares
Common shares held after transaction: 44,056 shares
Class B shares held after transaction: 8,811 shares
+1 more
4 metrics
Class B shares received
8,811 shares
Issued via one-for-five Class B distribution on record date June 15, 2026
Common shares held after transaction
44,056 shares
$.01 par value Common Stock, direct ownership after reported transactions
Class B shares held after transaction
8,811 shares
$.01 par value Class B Stock, direct ownership after distribution
Restructuring-related shares
8,811 shares
Shares classified under restructuringCount in transactionSummary
Key Terms
Class B stock, one-for-five distribution, record date, other acquisition or disposition
4 terms
Class B stock financial
"Shares issued pursuant to a one-for-five distribution of Class B stock to holders"
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.
one-for-five distribution financial
"Shares issued pursuant to a one-for-five distribution of Class B stock"
record date financial
"to holders of both Common and Class B stock 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.
other acquisition or disposition financial
"transaction code description: Other acquisition or disposition"
FAQ
What insider transaction did Mark J. Moran report for ASTRONICS CORP (ATRO)?
Director Mark J. Moran reported receiving 8,811 shares of $.01 par value Class B stock. The Form 4 characterizes this as an “other transaction,” not an open-market buy or sell, and links it to a stock distribution rather than a discretionary trade.
What does transaction code J mean in Mark J. Moran’s ATRO Form 4?
Transaction code J on this Form 4 is described as an “other acquisition or disposition.” In this case, 8,811 Class B shares were issued through a one-for-five distribution to existing holders as of the June 15, 2026 record date.
What record date applies to the Class B stock distribution reported for ATRO?
The Class B stock distribution used a record date of June 15, 2026. Holders of both Common and Class B stock on that date received Class B shares as part of a one-for-five distribution described in the Form 4 footnote.