Astronics (ATRO) director Brady receives Class B share distribution, updates holdings
Rhea-AI Filing Summary
Astronics Corp director Robert T. Brady reported a stock distribution and updated holdings. He received 53,085 shares of $.01 par value Class B stock at a stated price of $0.0000 per share, issued pursuant to a one-for-five distribution of Class B stock to holders of both Common and Class B shares as of the June 15, 2026 record date.
Following this non‑market restructuring transaction, he directly holds 229,451 shares of Class B stock and 89,063 shares of $.01 par value common stock$28.37 and $23.75 per share with expirations in 2028 and 2027.
Positive
- None.
Negative
- None.
Insights
Brady’s Form 4 shows a stock distribution and option adjustments, not open‑market trading.
The filing shows Robert T. Brady, a director of Astronics Corp, received 53,085 Class B shares at $0.0000 per share. Footnotes state these were issued via a one-for-five Class B stock distribution to existing holders on the June 15, 2026 record date, indicating a structural adjustment rather than a discretionary purchase.
Additional J-coded entries adjust options tied to Class B stock, with total restructuring shares of 54,925. Brady’s post-event holdings are 229,451 Class B shares and 89,063 common shares, plus options over common stock exercisable at $28.37 and $23.75 through 2028 and 2027. With no recorded open-market buys or sells, this reads as routine capital-structure housekeeping.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Option | 920 | $0.00 | $0.00 |
| Other | Option | 920 | $0.00 | $0.00 |
| Other | $.01 PV CL B STK | 53,085 | $0.00 | $0.00 |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | $.01 PV Com Stk | -- | -- | -- |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Form 4 regulatory
Class B stock financial
one-for-five distribution financial
Other acquisition or disposition regulatory
Option financial
FAQ
What did Astronics (ATRO) director Robert T. Brady report in this Form 4?
Were there any open-market stock purchases or sales by Robert T. Brady in this Astronics (ATRO) Form 4?
What is the significance of the one-for-five Class B stock distribution at Astronics (ATRO)?
AI-generated analysis. How Rhea-AI works. Not financial advice.