Astronics EVP granted 7,675 performance RSUs
PEABODY MARK reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
PEABODY MARK reported acquisition or exercise transactions in this Form 4 filing.
Astronics Corp Executive VP & President of Aerospace Mark Peabody reported an award of 7,675 restricted stock units on February 19, 2026. Each unit represents the right to receive one share of common stock. Vesting depends on Astronics’ average annual adjusted EBITDA for 2026–2028, with 50% to 150% of the target units potentially vesting on February 19, 2029 based on actual performance.
Insider Trade Summary
Grant/Award: 7,675 shares
Grant/Award
16 txns
Insider
PEABODY MARK
Role
Executive VP & Pres-Aerospace
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 7,675 | $0.00 | $0.00 |
| holding | Option | -- | -- | -- |
| 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 | Option | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | $.01 PV Com Stk | -- | -- | -- |
| holding | $.01 PV CL B STK | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 49,575 contracts for 41,900 underlying shares (Direct);
Option — 116,235 contracts (Direct);
$.01 PV Com Stk — 54,174.73 shares (Direct);
$.01 PV CL B STK — 183,445 shares (Direct)
Footnotes (5)
- F1. Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- F2. 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.
- F3. Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January 1, 2023- December 31, 2025. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on February 23, 2026, with the vesting percentage determined based on actual performance.
- F4. 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.
- F5. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Astronics Corp (ATRO) report for Mark Peabody?
Astronics Corp reported that Executive VP & President of Aerospace Mark Peabody received a grant of 7,675 restricted stock units on February 19, 2026. These performance-based units represent potential future shares, subject to specific adjusted EBITDA targets over a defined period.
How many restricted stock units were granted to Mark Peabody at Astronics Corp (ATRO)?
Mark Peabody was granted 7,675 restricted stock units. Each unit corresponds to one potential share of Astronics common stock, with actual shares earned dependent on the company meeting average annual adjusted EBITDA performance goals over the 2026–2028 measurement period.
What performance conditions apply to Mark Peabody’s RSU grant at Astronics Corp (ATRO)?
The RSUs vest based on Astronics’ average annual adjusted EBITDA for 2026–2028. Depending on actual performance, between 50% and 150% of the target 7,675 units may vest, aligning Peabody’s equity compensation with multi-year profitability performance.
When can Mark Peabody’s performance RSUs at Astronics Corp (ATRO) vest?
The performance-based restricted stock units may vest on February 19, 2029. The vesting percentage, ranging from 50% to 150% of the 7,675 target units, will be determined by Astronics’ average annual adjusted EBITDA during the 2026–2028 performance period.
Does Mark Peabody’s RSU award at Astronics Corp (ATRO) involve any purchase price?
The RSU grant shows a price per unit of $0.0000, indicating no cash paid by Mark Peabody for the award itself. Instead, each unit represents a contingent right to receive one share of Astronics common stock if performance and vesting requirements are satisfied.
What does each restricted stock unit represent in Astronics Corp (ATRO)’s Form 4 filing?
Each restricted stock unit represents the right to receive, upon settlement, one share of Astronics common stock. Actual delivery depends on satisfying the vesting conditions tied to the company’s average annual adjusted EBITDA over the specified performance period.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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