4/AFiled Sep 7, 8:00 PM ET
Astrotech (ASTC) Director John Halinski Receives Restricted Stock Award
$ASTC · ASTROTECH CorpResearch Summary
AI-generated summary of this SEC filing
Astrotech (ASTC) Director John Halinski Receives Restricted Stock Award
What Happened
John William Halinski, a director of Astrotech Corporation (ASTC), was granted 2,150 shares of restricted stock on July 16, 2026. The award was reported at $0.00 per share (no cash purchase); the shares vest in installments and do not represent an immediate sale or purchase in the open market. Following this grant, the Form 4 reports Halinski as beneficially owning 12,211 shares.
Key Details
- Transaction date: July 16, 2026; reported in an amended Form 4 filed September 8, 2026 (original Form 4 filed July 20, 2026).
- Transaction type/code: Award/Grant (A); 2,150 restricted shares granted at $0.00.
- Shares owned after transaction: 12,211 beneficially owned by Halinski (amendment corrected prior understatement of 1,055 shares).
- Vesting: Shares vest on each of the first three anniversaries of December 13, 2024, with 100% vesting on December 13, 2027 (per footnote).
- Amendment reason: Corrected the ownership total in Table I and the vesting schedule originally misreported.
Context
- Restricted stock is a compensation grant that vests over time; these shares are typically non-transferable and may be forfeited if the director’s service ends before vesting — not an immediate market purchase or sale.
- The grant had no purchase price and does not by itself signal a buy or sell in the market; it reflects compensation/retention for a director.
- The filing amended prior errors but does not indicate insider trading outside routine reporting corrections.