Astronics (ATRO) director Frisby logs Class B stock distribution and option adjustments
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Astronics Corp director Jeffry D. Frisby reported administrative equity changes tied to a stock distribution, not an open-market trade. The entry shows he directly holds 47,056 shares of $.01 par value common stock and 9,411 shares of $.01 par value Class B stock after the reported transactions.
Code J entries reflect “other” transactions, including 9,411 Class B shares issued at a stated price of $0.00 per share and related option adjustments. A footnote explains these shares were issued through a one-for-five distribution of Class B stock to holders of both Common and Class B stock as of the June 15, 2026 record date.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
FRISBY JEFFRY D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Option | 920 | $0.00 | -- |
| Other | Option | 920 | $0.00 | -- |
| Other | $.01 PV CL B STK | 9,411 | $0.00 | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | $.01 PV Com Stk | -- | -- | -- |
Holdings After Transaction:
Option — 1,520 shares (Direct, null);
$.01 PV CL B STK — 9,411 shares (Direct, null);
$.01 PV Com Stk — 47,056 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Common shares held: 47,056 shares
Class B shares issued: 9,411 shares
Restructuring shares: 11,251 shares
+4 more
7 metrics
Common shares held
47,056 shares
Directly held $.01 par value common stock after transactions
Class B shares issued
9,411 shares
$.01 par value Class B stock from one-for-five distribution
Restructuring shares
11,251 shares
Total shares in restructuring-type transactions (code J)
Option exercise price
$28.37 per share
Option on $.01 par value stock expiring March 2, 2028
Option exercise price
$23.75 per share
Option on $.01 par value stock expiring March 7, 2027
Underlying shares per option block
4,000 shares
Underlying $.01 par value common stock for each option series
Derivative restructuring shares
920 shares
Underlying $.01 par value Class B stock per option in code J entries
Key Terms
one-for-five distribution, Class B stock, record date, Option, +1 more
5 terms
one-for-five distribution financial
"Shares issued pursuant to a one-for-five distribution of Class B stock"
Class B stock financial
"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.
Option financial
"Option with underlying $.01 PV Com Stk and $.01 PV CL B STK"
restructuring transactions financial
"transaction summary shows restructuringCount of 3 and restructuringShares"
FAQ
What did Astronics (ATRO) director Jeffry D. Frisby report on this Form 4?
The Form 4 shows Jeffry D. Frisby reported administrative equity changes, not open-market trades. His holdings now include 47,056 shares of $.01 par value common stock and 9,411 shares of $.01 par value Class B stock after a stock distribution-related adjustment.
What is the one-for-five Class B stock distribution mentioned for Astronics (ATRO)?
A footnote states that Class B shares were issued pursuant to a one-for-five distribution of Class B stock. This distribution applied to holders of both Common and Class B stock on the June 15, 2026 record date, increasing their Class B share count proportionally.
Is the Astronics (ATRO) Form 4 transaction a restructuring event?
The transaction summary classifies three entries as restructuring transactions, totaling 11,251 shares. These include Class B shares and related option adjustments tied to the one-for-five Class B stock distribution, rather than traditional purchases or sales in the open market.