4/AFiled Sep 7, 8:00 PM ET
ASTROTECH (ASTC) COO Badugu Nihanth Receives Restricted Stock Award
$ASTC · ASTROTECH CorpResearch Summary
AI-generated summary of this SEC filing
ASTROTECH (ASTC) COO Badugu Nihanth Receives Restricted Stock Award
What Happened
- Badugu Nihanth, Chief Operating Officer of Astrotech Corporation (ASTC), received a grant of 5,000 restricted shares on July 22, 2026. The reported acquisition price is $0.00 (award), so no cash changed hands in this transaction. This is an equity award (code A), not a market purchase or sale.
Key Details
- Transaction date: 2026-07-22; Acquisition type: Award/Grant (A); Shares granted: 5,000; Price reported: $0.00.
- Vesting: The shares vest in three installments on the first three anniversaries of August 13, 2025 (i.e., Aug 13 of 2026, 2027, and 2028), with 100% fully vested on Aug 13, 2028, subject to continuous employment (footnote F1).
- Filing status: This is an amended Form 4 filed 2026-09-08 to correct the vesting anniversary date previously (originally filed 2026-07-22). The amendment corrects an earlier error that had listed the anniversaries as starting Aug 13, 2026.
- Shares owned after the transaction: Not specified in the information provided in this summary — refer to the amended Form 4 for total holdings disclosure.
Context
- Restricted stock awards vest over time and are contingent on continued employment; they do not represent an immediate open-market purchase or sale. Such grants are standard executive compensation and should be viewed as a retention/compensation tool rather than a direct bullish or bearish market signal.