PEABODY MARK 4

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).