Spirit AeroSystems (SPR) director logs stock conversion in Boeing merger
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Spirit AeroSystems Holdings, Inc. director reported the automatic conversion of company stock into Boeing shares following the completion of a merger with The Boeing Company on December 8, 2025. The filing shows dispositions of Class A common stock and restricted stock as the Spirit shares were canceled and converted under an Agreement and Plan of Merger with Boeing and Sphere Acquisition Corp. dated June 30, 2024.
Each share of Spirit Class A common stock, including restricted stock awards held by non-employee directors, was converted into the right to receive Boeing common stock at a fixed exchange ratio of 0.1955 Boeing shares for each Spirit share, subject to applicable tax withholding on restricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
FULCHINO PAUL E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock | 60,131 | $0.00 | -- |
| Disposition | Class A Common Stock | 7,009 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 7,009 shares (Direct)
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).