What options related to Astronics (ATRO) does Jeffry D. Frisby have in this Form 4?

The Form 4 shows option holdings with exercise prices of $28.37 and $23.75 per share. These options are tied to underlying $.01 par value common or Class B stock and have expiration dates in March 2028 and March 2027, respectively, reflecting existing derivative positions.

Astronics director reports Class B stock distribution

Astronics Corp director Jeffry D. Frisby reported administrative equity changes tied to a stock distribution, not an open-market trade.

Filing Impact

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Filing Sentiment

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Sentiment and the balance of points

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Form Type

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.

Insider Trade Summary

Other: 11,251 shares

Other 6 txns

Insider FRISBY JEFFRY D

Role Director

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	9,411	$0.00	$0.00
holding	Option	--	--	--
holding	Option	--	--	--
holding	$.01 PV Com Stk	--	--	--

Holdings After Transaction: Option — 11,040 contracts for 8,000 underlying shares (Direct); $.01 PV CL B STK — 9,411 shares (Direct); $.01 PV Com Stk — 47,056 shares (Direct)

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

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"

An option is a financial contract that gives its holder the right, but not the obligation, to buy or sell a stock at a specified price within a set time. Investors use options like a reservation or coupon to lock in a price, protect against losses, or amplify potential gains with a smaller upfront cost than owning the stock outright, making them useful for hedging, income strategies, or speculative bets.

restructuring transactions financial

"transaction summary shows restructuringCount of 3 and restructuringShares"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

Did Jeffry D. Frisby buy or sell Astronics (ATRO) shares on the market?

The reported transactions are coded as “other” or holdings, not open-market buys or sells. A key entry reflects Class B shares issued at a stated price of $0.00 per share as part of a stock distribution, rather than a cash purchase or sale.

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.

How many Class B shares of Astronics (ATRO) does Jeffry D. Frisby hold after the transaction?

After the reported transaction, Jeffry D. Frisby holds 9,411 shares of $.01 par value Class B stock. These shares were issued as part of a one-for-five distribution to existing holders on the June 15, 2026 record date, according to the footnote.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 06/17/2026 - 04:14 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

FRISBY JEFFRY D

(Last)

(First)

(Middle)

130 COMMERCE WAY

(Street)

EAST AURORA

NEW YORK

14052

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ASTRONICS CORP [ ATRO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
$.01 PV Com Stk								47,056	D
$.01 PV CL B STK	06/15/2026		J⁽¹⁾		9,411	A	$0	9,411	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Option	$23.75							09/07/2017	03/07/2027	$.01 PV Com Stk	4,000		4,000	D
Option	$23.75	06/15/2026		J⁽¹⁾		920		09/07/2017	03/07/2027	$.01 PV CL B STK	920	$0	1,520	D
Option	$28.37							03/02/2019	03/02/2028	$.01 PV Com Stk	4,000		4,000	D
Option	$28.37	06/15/2026		J⁽¹⁾		920		03/02/2019	03/02/2028	$.01 PV CL B STK	920	$0	1,520	D

Explanation of Responses:

1. 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.

Remarks:

	/s/Julie Davis as Power of Attorney for Jeffry D. Frisby	06/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR