Astronics (ATRO) director updates common, Class B stock and option holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Astronics Corp director Warren C. Johnson reported administrative equity updates related to a Class B stock distribution. On June 15, 2026, he reported holding 49,756 shares of $.01 par value common stock and 9,951 shares of $.01 par value Class B stock. The filing notes that the Class B shares were issued pursuant to a one-for-five distribution of Class B stock to holders of both common and Class B stock as of the record date June 15, 2026, at a stated price of $0.0000 per share.
Johnson also reported stock options on common stock covering 4,000 underlying shares at an exercise price of $28.37 per share expiring on March 2, 2028, and options covering another 4,000 underlying common shares at an exercise price of $23.75 per share expiring on March 7, 2027. Additional option entries with transaction code J reflect other acquisitions or dispositions tied to 920 underlying Class B shares at each exercise price. The transactions do not reflect any open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
JOHNSON WARREN C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Option | 920 | $0.00 | -- |
| Other | Option | 920 | $0.00 | -- |
| Other | $.01 PV CL B STK | 9,951 | $0.00 | -- |
| holding | Option | -- | -- | -- |
| holding | Option | -- | -- | -- |
| holding | $.01 PV Com Stk | -- | -- | -- |
Holdings After Transaction:
Option — 1,520 shares (Direct, null);
$.01 PV CL B STK — 9,951 shares (Direct, null);
$.01 PV Com Stk — 49,756 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Common shares held: 49,756 shares
Class B shares held: 9,951 shares
Option position 1: 4,000 underlying shares at $28.37
+3 more
6 metrics
Common shares held
49,756 shares
Directly owned $.01 par value common stock after transactions
Class B shares held
9,951 shares
Directly owned $.01 par value Class B stock after distribution
Option position 1
4,000 underlying shares at $28.37
Option on common stock expiring March 2, 2028
Option position 2
4,000 underlying shares at $23.75
Option on common stock expiring March 7, 2027
Restructuring shares
11,791 shares
Shares involved in restructuring-type J-code transactions
Class B distribution ratio
One-for-five
Class B stock issued to holders of common and Class B stock
Key Terms
Class B stock, one-for-five distribution, transaction code J, exercise price, +1 more
5 terms
Class B stock financial
"Shares issued pursuant to a one-for-five distribution of Class B stock to holders"
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.
one-for-five distribution financial
"Shares issued pursuant to a one-for-five distribution of Class B stock"
transaction code J financial
"transaction_code: "J" ... transaction_code_description: "Other acquisition or disposition""
exercise price financial
"conversion_or_exercise_price: "28.3700" and "23.7500" for options"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What did Astronics (ATRO) director Warren C. Johnson report in this Form 4?
He reported updated holdings of common, Class B stock, and options following a Class B stock distribution. The filing shows 49,756 common shares, 9,951 Class B shares, and options on a total of 8,000 underlying common shares.
Were there any open-market stock purchases or sales by Warren C. Johnson in this ATRO Form 4?
No open-market purchases or sales are shown. The filing lists transaction code J entries classified as “other acquisition or disposition” and a footnote describing shares issued via a one-for-five Class B stock distribution on June 15, 2026.
What stock options does Warren C. Johnson hold according to this Astronics Form 4?
He holds options on 4,000 underlying common shares at an exercise price of $28.37 expiring March 2, 2028, and options on another 4,000 underlying common shares at $23.75 expiring March 7, 2027, all reported as directly owned.
How is transaction code J used in this Astronics (ATRO) Form 4 filing?
Transaction code J is described as “other acquisition or disposition” in the filing. It applies to Class B stock issuance and related option entries, reflecting restructuring-type movements rather than standard open-market buy or sell transactions.