PEABODY MARK 4
4 · ASTRONICS CORP · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Astronics (ATRO) EVP Mark Peabody Gifts 2,500 Shares
What Happened
Mark Peabody, Executive Vice President and President—Aerospace of Astronics Corp. (ATRO), reported two gifts on Feb 9, 2026: 500 shares and 2,000 shares, each with a $0.00 price, for a total of 2,500 shares transferred as gifts (no cash proceeds). The Form 4 discloses these as gift transactions (code G).
Key Details
- Transaction date: February 9, 2026. Form 4 filed: February 11, 2026 (within the usual 2-business-day reporting window).
- Transactions: Gift of 500 shares @ $0.00; Gift of 2,000 shares @ $0.00 — total 2,500 shares; total proceeds $0.
- Shares owned after transaction: not specified in the provided filing excerpts.
- Transaction code: G = Gift.
- Notable footnotes in the filing:
- F1: Restricted stock units (RSUs) represent the right to receive one share at settlement.
- F2–F4: Describe performance-based RSU vesting schedules tied to average annual adjusted EBITDA across different multi-year performance periods (2023–2025, 2024–2026, 2025–2027) with specified potential vesting ranges and target unit reporting.
- Filing appears timely (filed two days after the reported transaction).
Context
Gifts are transfers of shares and do not reflect a purchase or typical sale-based liquidity decision; they often relate to personal, tax, or estate planning and should not be read as a directional signal on company outlook. The filing’s footnotes indicate Peabody also holds RSUs subject to performance-based vesting schedules, but the reported transactions here are outright gifts (not exercises or sales).
Insider Transaction Report
- Gift
$.01 PV Com Stk
2026-02-09−500→ 54,174.73 total - Gift
$.01 PV CL B STK
2026-02-09−2,000→ 183,445 total
- 4,820
Option
Exercise: $31.76From: 2017-12-14Exp: 2026-12-14→ $.01 PV Com Stk (4,820 underlying) - 723
Option
Exercise: $31.76From: 2017-12-14Exp: 2026-12-14→ $.01 PV CL B STK (723 underlying) - 7,010
Option
Exercise: $35.61From: 2018-12-12Exp: 2027-12-12→ $.01 PV Com Stk (7,010 underlying) - 1,052
Option
Exercise: $35.61From: 2018-12-12Exp: 2027-12-12→ $.01 PV CL B STK (1,052 underlying) - 9,280
Option
Exercise: $31.57From: 2019-12-13Exp: 2028-12-13→ $.01 PV Com Stk (9,280 underlying) - 13,600
Option
Exercise: $30.04From: 2020-12-09Exp: 2029-12-09→ $.01 PV Com Stk (13,600 underlying) - 20,250
Option
Exercise: $14.45From: 2022-01-22Exp: 2031-01-22→ $.01 PV Com Stk (20,250 underlying) - 24,500
Option
Exercise: $11.13From: 2022-12-09Exp: 2031-12-09→ $.01 PV Com Stk (24,500 underlying) - 26,700
Option
Exercise: $9.74From: 2023-12-16Exp: 2032-12-16→ $.01 PV Com Stk (26,700 underlying) - 15,900
Restricted Stock Unit
[F1][F2]→ $.01 PV Com Stk (15,900 underlying) - 10,850
Restricted Stock Unit
[F1][F3]→ $.01 PV Com Stk (10,850 underlying) - 8,300
Option
Exercise: $15.15From: 2024-12-07Exp: 2033-12-07→ $.01 PV Com Stk (8,300 underlying) - 15,150
Restricted Stock Unit
[F1][F4]→ $.01 PV Com Stk (15,150 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- [F2]Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January 1, 2024- December 31, 2026. The "target" number of restricted stock units is reported. Between 50% and 150% of the target number of units may vest on February 22, 2027, with the vesting percentage determined based on actual performance.
- [F3]Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January 1, 2023- December 31, 2025. The "target" number of restricted stock units is reported. Between 75% and 115% of the target number of units may vest on February 23, 2026, with the vesting percentage determined based on actual performance.
- [F4]Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January 1, 2025- December 31, 2027. The "target" number of restricted stock units is reported. Between 50% and 150% of the target number of units may vest on February 27, 2028, with the vesting percentage determined based on actual performance.