Astronics' Mark Peabody exercises stock options
The executive's restricted stock units may vest on dates in 2027, 2028 and 2029, with vesting percentages determined by actual performance tied to average annual adjusted EBITDA.
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Form Type
4
Rhea-AI Filing Summary
On November 2, 2026, Mark Peabody, Astronics Corp.'s Executive VP & Pres-Aerospace, exercised options covering 4,820 common shares and 1,831 Class B shares at an exercise price of $26.47 per share. The underlying shares were recorded as acquired. Peabody's resulting direct holdings were 67,608 common shares and 234,552 Class B shares.
Insider Trade Summary
6,651 shares exercised/converted
Exercise
4 txns
Insider
PEABODY MARK
Role
Executive VP & Pres-Aerospace
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option | 4,820 | $26.47 | $128K |
| Exercise | Option | 1,831 | $26.47 | $48K |
| Exercise | $.01 PV Com Stk | 4,820 | $26.47 | $128K |
| Exercise | $.01 PV CL B STK | 1,831 | $26.47 | $48K |
| Holding | Option | -- | -- | -- |
| 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 F1, F2 | -- | -- | -- |
| Holding | Restricted Stock Unit F3, F2 | -- | -- | -- |
| Holding | Option | -- | -- | -- |
| Holding | Option | -- | -- | -- |
| Holding | Restricted Stock Unit F1, F4 | -- | -- | -- |
| Holding | Restricted Stock Unit F3, F4 | -- | -- | -- |
| Holding | Restricted Stock Unit F1, F5 | -- | -- | -- |
| Holding | Restricted Stock Unit F3, F5 | -- | -- | -- |
Holdings After Transaction:
Option — 132,830 contracts (Direct);
$.01 PV Com Stk — 67,607.73 shares (Direct);
$.01 PV CL B STK — 234,552 shares (Direct);
Restricted Stock Unit — 46,470 contracts (Direct)
Holdings Before and After:
Option, 139,481 to 132,830 contracts (Direct);
$.01 PV Com Stk, 62,787.73 to 67,607.73 shares (Direct);
$.01 PV CL B STK, 232,721 to 234,552 shares (Direct)
Footnotes (5)
- F1. Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- F2. 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.
- F3. Each restricted stock unit represents the right to receive, at settlement, one share of class B stock.
- F4. 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.
- F5. Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January 1, 2026- December 31, 2028. The "target" number of restricted stock units is reported. Between 50% and 150% of the target number of units may vest on February 19, 2029, with the vesting percentage determined based on actual performance.
Key Figures
Common shares acquired through option exercise: 4,820 shares
Class B shares acquired through option exercise: 1,831 shares
Exercise price: $26.47 per share
+2 more
5 metrics
Common shares acquired through option exercise
4,820 shares
November 2, 2026
Class B shares acquired through option exercise
1,831 shares
November 2, 2026
Exercise price
$26.47 per share
Options exercised November 2, 2026
Direct common shares held after transaction
67,608 shares
Following the November 2, 2026 transaction
Direct Class B shares held after transaction
234,552 shares
Following the November 2, 2026 transaction
Key Terms
restricted stock unit, average annual adjusted EBITDA, vesting
3 terms
restricted stock unit financial
"Each restricted stock unit represents the right to receive"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
average annual adjusted EBITDA financial
"average annual adjusted EBITDA"
vesting financial
"vesting percentage determined based on actual performance"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When can ATRO executive Mark Peabody's restricted stock units vest?
Three target tranches may vest on February 22, 2027, February 27, 2028, and February 19, 2029. Between 50% and 150% of each target may vest, with the percentage based on actual performance and average annual adjusted EBITDA for the respective periods January 1, 2024, through December 31, 2026; January 1, 2025, through December 31, 2027; and January 1, 2026, through December 31, 2028.
AI-generated analysis. How Rhea-AI works. Not financial advice.
