Astronics executive updates equity holdings
Astronics Corp executive James Mulato reported updated equity holdings in common and Class B shares, restricted stock units, and options as of June 15, 2026.
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Form Type
4
Rhea-AI Filing Summary
Astronics Corp executive James Mulato reported updated equity holdings in common and Class B shares, restricted stock units, and options as of June 15, 2026. The filing shows 7,645 shares of Class B stock involved in transactions coded “J” (other acquisition or disposition), with 10,098 Class B shares held directly afterward.
The report also lists ongoing incentive awards, including performance-based restricted stock units tied to Astronics’ average annual adjusted EBITDA for 2024–2026, 2025–2027, and 2026–2028, where 50%–150% of target units may vest in early 2027, 2028, and 2029 based on actual performance. No open‑market purchases or sales are reported in this filing.
Insider Trade Summary
Other: 46,430 shares
Other
24 txns
Insider
Mulato James
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Option | 1,508 | $0.00 | $0.00 |
| Other | Option | 1,828 | $0.00 | $0.00 |
| Other | Option | 2,314 | $0.00 | $0.00 |
| Other | Option | 3,630 | $0.00 | $0.00 |
| Other | Option | 5,400 | $0.00 | $0.00 |
| Other | Option | 6,540 | $0.00 | $0.00 |
| Other | Option | 7,120 | $0.00 | $0.00 |
| Other | Option | 1,660 | $0.00 | $0.00 |
| Other | Restricted Stock Unit | 3,710 | $0.00 | $0.00 |
| Other | Restricted Stock Unit | 3,540 | $0.00 | $0.00 |
| Other | Restricted Stock Unit | 1,535 | $0.00 | $0.00 |
| Other | $.01 PV CL B STK | 7,645 | $0.00 | $0.00 |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | $.01 PV Com Stk | -- | -- | -- |
Holdings After Transaction:
Option — 180,007 contracts for 147,830 underlying shares (Direct);
Restricted Stock Unit — 52,710 contracts for 43,925 underlying shares (Direct);
$.01 PV CL B STK — 10,098 shares (Direct);
$.01 PV Com Stk — 35,776.822 shares (Direct)
Footnotes (6)
- 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.
- F2. Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- F3. 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.
- F4. Each restricted stock unit represents the right to receive, at settlement, one share of class B stock.
- F5. 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.
- F6. 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
Class B shares transacted: 7,645 shares
Class B shares held after: 10,098 shares
Common shares held after: 35,776.8220 shares
+4 more
7 metrics
Class B shares transacted
7,645 shares
Transaction coded J in $.01 PV CL B STK
Class B shares held after
10,098 shares
Direct holdings of $.01 PV CL B STK after J transaction
Common shares held after
35,776.8220 shares
Direct holdings of $.01 PV Common Stock
RSUs underlying common stock
7,675 shares
Restricted Stock Unit tied to $.01 PV Com Stk
Largest option block
35,600 shares at $8.1200
Option on $.01 PV Com Stk, expires December 16, 2032
Performance RSU vesting range
50%–150% of target units
Based on average annual adjusted EBITDA performance periods
Restructuring-related shares
46,430 shares
Shares in restructuring-type transactions per transaction summary
Key Terms
Restricted Stock Unit, average annual adjusted EBITDA, one-for-five distribution, Class B stock, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock unit represents the right to receive, at settlement, one share of common stock."
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
"Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January 1, 2024- December 31, 2026."
one-for-five distribution financial
"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."
Class B stock financial
"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."
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.
vesting percentage financial
"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."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the latest Form 4 for ASTRONICS CORP (ATRO) show for James Mulato?
The Form 4 shows James Mulato updating his holdings in common and Class B shares, restricted stock units, and options. It reports 7,645 Class B shares in “J” coded transactions and 10,098 Class B shares held directly afterward, with no open‑market buys or sales.
Were there any open-market stock purchases or sales by James Mulato in this ATRO Form 4?
No, the Form 4 does not report any open‑market purchases or sales. Transactions are primarily coded “J” (other acquisition or disposition) and holding entries, reflecting restructurings and updated positions in Class B stock, restricted stock units, and options rather than discretionary market trades.
What performance conditions affect James Mulato’s Astronics restricted stock units?
Several restricted stock unit awards vest based on Astronics’ average annual adjusted EBITDA over 2024–2026, 2025–2027, and 2026–2028. Between 50% and 150% of target units may vest in February 2027, 2028, and 2029, respectively, depending on actual EBITDA performance versus targets.
What option positions for Astronics stock are reported for James Mulato in this Form 4?
The filing lists multiple options on $.01 par value common stock, including 35,600 underlying shares at a $8.1200 exercise price expiring on December 16, 2032, and 27,000 underlying shares at $12.0400 expiring on January 22, 2031, alongside other grants at higher strike prices.
How are Astronics Class B restricted stock units structured for James Mulato?
Each Class B restricted stock unit represents the right to receive one share of Class B stock at settlement. Vesting depends on Astronics’ average annual adjusted EBITDA for 2025–2027 and 2026–2028, with 50%–150% of target units potentially vesting in February 2028 and February 2029.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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