Astrotech (ASTC) COO Badugu Nihanth Receives 5,000-Share Award

What Happened

• Badugu Nihanth, Chief Operating Officer of Astrotech Corporation (ASTC), was granted 5,000 shares of restricted stock on 2026-07-22. The grant is reported as an award/acquisition (transaction code A) at $0.00 per share (total reported acquisition value $0). This is a compensation grant (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-07-22; Form filed: 2026-07-23 (timely filing).
• Shares granted: 5,000 restricted shares; price reported: $0.00; total reported value: $0.
• Shares owned after transaction: not specified in the provided filing.
• Footnote (per filing): the restricted shares "vest on each of the first three anniversaries of August 13, 2026, such that 100% of the shares ... shall be fully vested on August 13, 2028," subject to continuous employment with the company.
• Transaction type: Award/Grant (A). No 10b5-1, tax-withholding, or late-filing flags were reported.

Context

• Restricted stock awards are a common form of executive compensation and vesting conditions mean the shares become transferable only over time if employment continues. This grant increases the insider's potential future stake but does not represent an immediate cash purchase or sale.