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ATRO Form 4: Warren C. Johnson RSU Settlement and Option Holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

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*
JOHNSON WARREN C

(Last) (First) (Middle)
130 COMMERCE WAY

(Street)
EAST AURORA NY 14052

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
08/27/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
$.01 PV Com Stk 08/27/2025 M 6,055 A $0 48,223 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option $28.5 09/07/2017 03/07/2027 $.01 PV Com Stk 4,000 4,000 D
Option $28.5 09/07/2017 09/07/2027 $.01 PV CL B STK 600 600 D
Option $34.04 03/02/2019 03/02/2028 $.01 PV Com Stk 4,000 4,000 D
Option $34.04 03/02/2019 03/02/2028 $.01 PV CL B STK 600 600 D
Restricted Stock Unit (1) 08/27/2025 M 6,055 (2) (2) $.01 PV Com Stk 6,055 $0 0 D
Explanation of Responses:
1. Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
2. These restricted stock units were settled for shares of common stock on August 27, 2025.
Remarks:
/s/Julie Davis as Power of Attorney for Warren C. Johnson 08/28/2025
** 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.

FAQ

What did Warren C. Johnson report on Form 4 for ATRO?

The report discloses the settlement of 6,055 restricted stock units into Astronics common stock on 08/27/2025 and lists existing stock options and their terms.

How many restricted stock units were settled for ATRO shares?

6,055 restricted stock units were settled for shares of common stock on 08/27/2025.

What derivative holdings does the filing show for the reporting person?

The filing lists options underlying 8,000 common shares and 1,200 Class B shares with exercise prices and exercisable/expiration dates as stated in the Form 4.

Who signed the Form 4 filing for Warren C. Johnson?

The Form 4 was signed by Julie Davis as Power of Attorney for Warren C. Johnson on 08/28/2025.

Does the filing state any cash paid for the RSU settlement?

No cash consideration is reported; the restricted stock units were settled for shares and the filing shows a price of $0 for the acquisition entry.
Astronics

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Aerospace & Defense
Aircraft Parts & Auxiliary Equipment, Nec
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United States
EAST AURORA