Spirit AeroSystems insider: 152,895 RSUs granted; 62,687 shares sold at $38.60
Rhea-AI Filing Summary
Spirit AeroSystems insider transactions by President & CEO Patrick M. Shanahan on 09/30/2025. The filing reports the acquisition of 152,895 restricted stock units (RSUs) that convert one-for-one into Class A common stock and a contemporaneous sale of 62,687 Class A shares at $38.60 per share. After the RSU grant the filing shows 417,576 shares beneficially owned, and after the sale 354,889 shares beneficially owned.
The filing discloses that the RSUs are part of a 495,662 RSU grant made on 09/30/2023 that vests in three annual installments beginning the first anniversary of the grant date. The form is signed by an attorney-in-fact for the reporting person.
Positive
- 152,895 RSUs granted representing a meaningful installment from the 495,662 RSU award
- Clear disclosure of post-transaction holdings (417,576 then 354,889 shares), aiding transparency
- Grant tied to prior award with defined vesting schedule (495,662 RSUs vesting in three annual installments)
Negative
- Sale of 62,687 shares at $38.60 reduced beneficial ownership from 417,576 to 354,889 shares
Insights
TL;DR: CEO received a large RSU installment while selling a smaller block of shares, leaving net beneficial ownership lower than immediately after the RSU grant.
The filing documents a grant-related acquisition of 152,895 RSUs and a contemporaneous open-market or rule-based sale of 62,687 Class A shares at $38.60 each. The RSUs stem from a 09/30/2023 grant of 495,662 units vesting over three years; the 152,895 units represent one installment. Reported beneficial ownership moved from 417,576 shares down to 354,889 shares after the disposition. For investors, this is a routine executive vest-and-sell pattern consistent with scheduled equity compensation realization rather than an isolated large divestiture.
TL;DR: Transaction pattern aligns with standard executive compensation vesting and partial liquidation; disclosure appears complete and timely.
The Form 4 shows the CEO as both a director and officer and discloses acquisition of vested RSUs plus a sale of shares, with prices and post-transaction holdings reported. The explanatory note clarifies the original 09/30/2023 RSU grant and vesting schedule. The filing is signed by an attorney-in-fact, indicating proper execution. No amendments or additional arrangements are disclosed in this filing.
FAQ
What insider activity did Patrick M. Shanahan (SPR) report on 09/30/2025?
How many shares does the filing show Shanahan beneficially owned after the transactions?
What is the origin and vesting schedule of the RSUs reported?
Did the filing disclose the price for the share disposition?
Who signed the Form 4 for the reporting person?