ATRO Form 4: Warren C. Johnson RSU Settlement and Option Holdings
Rhea-AI Filing Summary
Warren C. Johnson, a director of Astronics Corporation (ticker ATRO), reported transactions dated 08/27/2025. The filing discloses the settlement of 6,055 restricted stock units into shares of common stock on that date. The Form 4 lists existing derivative holdings consisting of stock options that convert into common and Class B shares: two option grants exercisable through 03/02/2028 and two exercisable through 03/07/2027 or 09/07/2027, covering 8,000 underlying common shares plus 1,200 underlying Class B shares in total. The report was signed by a power of attorney on 08/28/2025. The filing states the restricted stock units were settled for shares on the transaction date.
Positive
- Settlement of 6,055 restricted stock units into common stock was explicitly disclosed
- Detailed disclosure of outstanding options including exercise prices and expiration/exercisable dates
Negative
- None.
Insights
TL;DR: Routine executive equity settlement; no new compensation plan or debt implications disclosed.
The Form 4 documents a standard equity compensation settlement where 6,055 restricted stock units vested and were converted into common shares on 08/27/2025. Reported derivative holdings consist of multiple outstanding options covering 8,000 common shares and 1,200 Class B shares with exercise prices shown in the filing. There is no financial statement data, no forward guidance, and no explicit cash consideration reported related to the RSU settlement. For investors, this is a disclosure of insider ownership changes rather than an operational or financial performance event.
TL;DR: Governance disclosure appears complete for the insider transaction; executed under a power of attorney.
The filing identifies Warren C. Johnson as a director and shows the transactions were reported on Form 4 with a signature executed by a designated power of attorney on 08/28/2025. The document includes an explanation that each restricted stock unit equals one share and confirms settlement on the stated date. No departures, new appointments, or plan amendments are disclosed. The filing fulfills Section 16 reporting of beneficial ownership changes without indicating material governance changes.