Astronics' James Mulato acquires 555 common shares
Some performance-based restricted stock units may vest at 50% to 150% of target, depending on adjusted EBITDA performance.
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Form Type
4
Rhea-AI Filing Summary
Astronics Corp (ATRO) reported that James Mulato, Pres Astronics Test Systems, acquired 555 common shares and 111 Class B shares on September 30, 2026, at $31.85 per share through an Employee Stock Purchase Plan subscription agreement. Direct holdings afterward were 36,332 common shares and 10,209 Class B shares; no Rule 10b5-1 plan is reported. A listed option covers 6,560 common shares at a $26.47 exercise price and expires December 14, 2026. Restricted stock unit vesting is tied to average annual adjusted EBITDA.
Insider Trade Summary
Grant/Award: 666 shares
Grant/Award
24 txns
Insider
Mulato James
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | $.01 PV Com Stk F1 | 555 | $31.85 | $18K |
| Grant/Award | $.01 PV CL B STK F1 | 111 | $31.85 | $4K |
| holding | Option | -- | -- | -- |
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| holding | Option | -- | -- | -- |
| holding | Restricted Stock Unit F2, F3 | -- | -- | -- |
| holding | Restricted Stock Unit F4, F3 | -- | -- | -- |
| holding | Restricted Stock Unit F2, F5 | -- | -- | -- |
| holding | Restricted Stock Unit F4, F5 | -- | -- | -- |
| holding | Restricted Stock Unit F2, F6 | -- | -- | -- |
| holding | Restricted Stock Unit F4, F6 | -- | -- | -- |
Holdings After Transaction:
$.01 PV Com Stk — 36,331.822 shares (Direct);
$.01 PV CL B STK — 10,209 shares (Direct);
Option — 180,007 contracts (Direct);
Restricted Stock Unit — 52,710 contracts (Direct)
Footnotes (6)
- F1. Acquired shares via exercise of subscription agreement under Employee Stock Purchase Plan.
- 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
Acquired common shares: 555 shares
Acquired Class B shares: 111 shares
ESPP acquisition price: $31.85 per share
+4 more
7 metrics
Acquired common shares
555 shares
September 30, 2026
Acquired Class B shares
111 shares
September 30, 2026
ESPP acquisition price
$31.85 per share
Common and Class B share acquisitions on September 30, 2026
Direct common shares after acquisition
36,332 shares
Reported after the September 30, 2026 acquisition
Direct Class B shares after acquisition
10,209 shares
Reported after the September 30, 2026 acquisition
Common shares underlying listed option
6,560 shares
Option expires December 14, 2026
Listed option exercise price
$26.47 per share
Option covering 6,560 common shares
Key Terms
Employee Stock Purchase Plan, restricted stock unit, average annual adjusted EBITDA
3 terms
Employee Stock Purchase Plan financial
"under Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
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
"depends on Astronics Corp.'s average annual adjusted EBITDA"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When can James Mulato's ATRO restricted stock units vest?
Three groups of restricted stock units are tied to average annual adjusted EBITDA: units for January 1, 2024 through December 31, 2026 may vest February 22, 2027; units for January 1, 2025 through December 31, 2027 may vest February 27, 2028; and units for January 1, 2026 through December 31, 2028 may vest February 19, 2029. Each group may vest at 50% to 150% of target based on actual performance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
