Halinski John William 4
Research Summary
AI-generated summary
Astrotech (ASTC) Director John Halinski Receives Restricted Stock Award
What Happened
John William Halinski, a director of Astrotech Corporation (ASTC), was granted 1,055 shares of restricted stock on July 9, 2026. The reported acquisition price is $0.00 per share (total reported value $0). According to the filing, 100% of these restricted shares vested immediately on the grant date, making him the beneficial owner of the shares upon grant. This transaction is an award/grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: July 9, 2026; Filing date (Form 4): July 21, 2026. The filing appears later than the typical two-business-day Form 4 deadline.
- Transaction type/code: Award/Grant (A).
- Shares granted: 1,055 restricted shares at $0.00 per share (total $0 reported).
- Vesting: 100% of the restricted shares vested immediately on the grant date (see footnote F1).
- Shares owned after transaction: Not specified in the provided summary of the filing.
- Footnote: F1 states the shares were granted under the Astrotech Corporation 2021 Omnibus Equity Incentive Plan and vested immediately.
- Timeliness: Filed 12 days after the transaction date, which may reduce near-term transparency for investors.
Context
Restricted stock awards are a form of compensation; they are not purchases from the market and do not necessarily indicate the insider bought stock with personal cash. Immediate vesting means the recipient gained ownership rights on the grant date. For retail investors, awards are informational about compensation and ownership changes but are different from open-market purchases that can signal personal financial commitment.