ATRO Insider Reports 1,280-Share ESPP Purchase on 09/30/2025
Rhea-AI Filing Summary
Mark Peabody, Executive Vice President & President-Aerospace of Astronics Corp. (ATRO), reported an acquisition of 1,280 common shares on 09/30/2025 via the Employee Stock Purchase Plan at a reported price of $16.60. After the transaction the filing shows beneficial ownership figures including 50,824.73 (reported in the form) and 183,994 Class B shares.
The filing lists a portfolio of outstanding long-term equity awards: multiple stock options exercisable through 2033 and several restricted stock unit awards that vest based on Astronics’ average annual adjusted EBITDA over specified multi-year performance periods (2023–2025, 2024–2026, 2025–2027) with stated vesting ranges. The Form 4 was signed by a Power of Attorney on 08/28/2025.
Positive
- Acquisition of 1,280 shares via the Employee Stock Purchase Plan on 09/30/2025 at $16.60
- Performance-based restricted stock units tied to average annual adjusted EBITDA with defined vesting ranges (e.g., 50%–150%, 75%–115%)
Negative
- None.
Insights
TL;DR: Insider purchased 1,280 shares and holds performance-based RSUs tied to adjusted EBITDA.
This Form 4 shows an ESPP purchase of 1,280 shares on 09/30/2025 at $16.60, indicating routine insider participation in a company share-purchase program. The transaction is explicitly recorded and increases reported beneficial ownership.
The filing details multiple long-dated options and restricted stock units whose vesting depends on Astronics’ average annual adjusted EBITDA for defined periods with explicit vesting ranges (for example, 50%–150% or 75%–115%). This ties executive compensation outcomes to disclosed performance metrics without additional conditions in the Form.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | $.01 PV Com Stk | 1,280 | $16.60 | $21K |
| 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 | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | $.01 PV CL B STK | -- | -- | -- |
Footnotes (1)
- Acquired shares via exercise of subscription agreement under Employee Stock Purchase Plan. Each restricted stock unit represents the right to receive, at settlement, one share of common stock. 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. Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January 1, 2023- December 31, 2025. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on February 23, 2026, with the vesting percentage determined based on actual performance. 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.
