4/AAccepted Sep 8, 9:02 PM ET
ASTROTECH (ASTC) Director Robert N. McFarland Receives 1,055-Share Award
Accepted (ET)
9:02 PM
Sep 8, 2026
Filed
Sep 8, 2026
Documents
1
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5.2 KB
Summary
ASTROTECH (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 July 9, 2026 (transaction code A). The shares were reported at $0.00 (no purchase price); the grant fully vested immediately per the filing. After the grant, McFarland beneficially owns 20,961 shares.
Key Details
- Transaction date: 2026-07-09; reported in an amended Form 4 filed 2026-09-08 (original Form 4 filed 2026-07-21).
- Transaction type/code: Grant/Award (A); 1,055 shares; price reported $0.00 (value $0 in table).
- Shares owned after transaction (Table I, Column 5): 20,961 shares (amendment corrects an earlier understatement of 9,756 shares due to an administrative error).
- Footnote: F1 — restricted stock granted under the 2021 Omnibus Equity Incentive Plan; 100% of the shares vested immediately on the grant date.
- Timeliness: The original Form 4 was filed on July 21, 2026 for a July 9 transaction and the registrant has since filed an amendment on Sept 8 to correct ownership reporting; the initial filing date appears later than the usual 2-business-day Form 4 deadline.
Context
This was a compensation grant of restricted stock that vested immediately — not an open-market purchase or sale. Such awards reflect company compensation actions rather than a direct open-market bullish or bearish signal. The amendment corrects the ownership total and does not change the nature or size of the reported grant.