Astronics Corporation Announces 20% Class B Stock Distribution

What Happened Astronics Corporation announced on June 1, 2026 a 20% stock distribution of Class B Stock. Stockholders of both Common and Class B Stock will receive one share of Class B Stock for every five shares of Common or Class B Stock held as of the record date, June 15, 2026. Fractional shares will be paid in cash, and the company expects to distribute the new Class B shares on or about June 29, 2026.

Key Details

• Distribution ratio: 1 new Class B share for every 5 shares of Common or Class B (20%).
• Record date: June 15, 2026. Expected distribution date: on or about June 29, 2026.
• Fractional shares: paid in cash.
• Disclosure filed as a Regulation FD item on Form 8-K (press release furnished as Exhibit 99.1).

Why It Matters This action will increase the number of Class B shares outstanding by roughly 20% for current shareholders receiving the distribution. Receiving stock (rather than cash) can change the mix of share classes held by investors and may affect per‑share metrics until market adjusts; fractional entitlements will be settled in cash. The filing is a Regulation FD disclosure and does not include additional financial results or guidance.