ATRO Form 4: Brady Settles 6,055 RSUs; Reports Major Share Disposals
Rhea-AI Filing Summary
Robert T. Brady, a director of Astronics Corp (ATRO), reported transactions on August 27, 2025. The filing shows 6,055 restricted stock units were settled into 6,055 shares of common stock at no cash price. The report also lists dispositions of 85,069 common shares and 175,076 Class B shares (both shown as disposed). Brady retains several outstanding stock options and previously granted restricted units that were exercised or settled; option exercise prices and expiration dates are shown in the filing. The form was signed by a power of attorney on behalf of Brady.
Positive
- 6,055 restricted stock units were settled into 6,055 shares of common stock on 08/27/2025
Negative
- 85,069 common shares disposed as reported in the Form 4
- 175,076 Class B shares disposed as reported in the Form 4
Insights
TL;DR: Director received 6,055 shares via RSU settlement while sizable share disposals are also reported; holdings include multiple outstanding options.
The filing documents an internal compensation settlement of 6,055 restricted stock units into common shares, recorded as a non-cash acquisition. Offsetting this, the report records disposals of 85,069 common shares and 175,076 Class B shares, which materially reduce the director's listed holdings reported here. The schedule of outstanding options shows strike prices from $22.93 to $34.04 with expirations through 2028, indicating ongoing option exposure but no option exercises on this date. Impact is informational for ownership and potential voting changes.
TL;DR: RSU settlement increases direct share count, but large reported disposals change the director's beneficial ownership profile.
The form provides clear, itemized changes in beneficial ownership: settlement of RSUs into 6,055 shares increases direct equity, while the disposals of 85,069 common and 175,076 Class B shares decrease reported holdings. The filing is executed via power of attorney, which is a common administrative practice. For governance purposes, these transactions alter reported voting and economic interest disclosed under Section 16 reporting rules.