[Form 4] Spirit AeroSystems Holdings, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Spirit AeroSystems Holdings director reports share conversion tied to Boeing merger. On December 8, 2025, each share of Spirit Class A common stock was automatically canceled and converted into the right to receive 0.1955 shares of Boeing common stock, as provided in the Merger Agreement among Spirit, The Boeing Company and Sphere Acquisition Corp. A non-employee director disposed of all reported Spirit shares, including restricted stock awards, which were canceled and replaced with the right to receive Boeing shares based on the same 0.1955 exchange ratio for each underlying Spirit share.
Positive
- None.
Negative
- None.
Insights
Director’s Spirit equity is fully converted into Boeing stock under the merger terms.
The filing shows a Spirit AeroSystems non-employee director reporting the automatic disposition of Class A common stock on December 8, 2025. Under the merger between Spirit AeroSystems Holdings, Inc. and The Boeing Company, each Spirit share was canceled and converted into the right to receive Boeing common stock at a fixed 0.1955 exchange ratio.
The same exchange ratio applies to the director’s restricted stock awards, which were canceled and replaced with rights to Boeing shares based on the number of underlying Spirit shares. This is a standard M&A equity conversion mechanism, aligning director equity with the acquirer’s stock once the merger takes effect.
The Form 4 focuses on how the merger affects this individual’s holdings rather than Spirit’s broader capital structure or Boeing’s total consideration. Future disclosures in other company filings provide the wider financial and strategic context of the overall transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock | 28,772 | $0.00 | -- |
| Disposition | Class A Common Stock | 7,710 | $0.00 | -- |
Footnotes (1)
- On December 8, 2025, pursuant to the Agreement and Plan of Merger among the issuer, The Boeing Company (Boeing) and Sphere Acquisition Corp., dated June 30, 2024 (the Merger Agreement), each share of the Class A Common Stock (Share) of the issuer was automatically canceled and converted into the right to receive a number of shares of Boeing common stock equal to 0.1955 (the Exchange Ratio). On December 8, 2025, pursuant to the Merger Agreement, each outstanding restricted Share (RSA) held by a non-employee director of the issuer was automatically canceled and the holder thereof became entitled to receive (subject to any applicable withholding or other taxes or other amounts required to be withheld by applicable law) a number of shares of Boeing common stock equal to the Exchange Ratio multiplied by the number of Shares subject to such RSA immediately prior to the Effective Time (as defined in the Merger Agreement).