4Filed Jul 20, 8:00 PM ET
ASTC Director Robert N. McFarland Receives 1,055-Share Award
$ASTC · ASTROTECH CorpResearch Summary
AI-generated summary of this SEC filing
ASTC Director Robert N. McFarland Receives 1,055-Share Award
What Happened
Robert N. McFarland, a director of Astrotech Corporation (ASTC), was granted 1,055 shares of restricted stock on 2026-07-09. The Form 4 reports the acquisition as an award (code A) at an acquisition price of $0.00 (aggregate reported cost $0). According to the filing, 100% of the restricted shares vested immediately on the grant date.
Key Details
- Transaction date: 2026-07-09 (reported on Form 4 filed 2026-07-21).
- Transaction type/code: Award/Grant (A).
- Shares granted: 1,055 restricted shares; reported acquisition price $0.00 (aggregate $0).
- Vesting: 100% vested immediately on grant date (see footnote F1).
- Shares owned after transaction: Not disclosed in the filing.
- Filing timeliness: No late-filing indication noted in the provided details.
Context
This was a compensation-related equity award, not an open-market purchase or sale. Immediate vesting means the shares became owned by McFarland on the grant date; such awards are routine for directors and reflect compensation rather than a direct bullish purchase signal.