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ASTRONICS CORP·4

Jun 17, 4:13 PM ET

GUNDERMANN PETER J 4

4 · ASTRONICS CORP · Filed Jun 17, 2026

Research Summary

AI-generated summary of this filing

Updated

Astronics (ATRO) CEO Peter Gundermann Receives Shares & RSUs

What Happened Peter J. Gundermann, President, CEO and Director of Astronics Corp. (ATRO), was reported to have acquired 168,375 Class B shares via a one-for-five distribution and received a total of approximately 147,172 restricted stock units/derivative awards on June 15, 2026. All reported acquisitions show a $0.00 per-share price (corporate distribution and awards), so no cash changed hands in these entries. The RSUs are performance- and time-based awards (see Key Details) and are reported as target amounts; actual shares settled may vary based on performance.

Key Details

  • Transaction date: June 15, 2026; Filing date: June 17, 2026. Reported price: $0.00 (distribution/awards).
  • Shares received: 168,375 Class B shares from a 1-for-5 distribution (footnote F1).
  • RSUs/derivatives: ~147,172 target restricted stock units reported (multiple awards). Each RSU represents the right to receive one share (common or Class B) at settlement (footnotes F2, F4).
  • Vesting/performance conditions: Some RSUs vest based on Astronics’ average annual adjusted EBITDA for different performance periods:
    • Awards tied to 1/1/2024–12/31/2026 (target reported; 50–150% may vest; settlement ~2/23/2027) (F3).
    • Awards tied to 1/1/2025–12/31/2027 (target reported; 50–150% may vest; settlement ~2/27/2028) (F5).
    • Awards tied to 1/1/2026–12/31/2028 (target reported; 50–150% may vest; settlement ~2/19/2029) (F6).
  • Shares owned after the transaction: not provided in the data supplied.
  • Filing timeliness: no late-filing indication provided in the materials you gave.

Context These entries are corporate distributions and grant/award-related acquisitions reported at $0.00 and are not open-market purchases or sales. The RSUs are performance-contingent — the final number of shares to be issued at settlement could be between 50% and 150% of the reported target depending on EBITDA results. Such award-related entries reflect compensation and corporate actions rather than immediate bullish or bearish trading by the insider.

Insider Transaction Report

Form 4
Period: 2026-06-15
ASTRONICS CORPATRO
GUNDERMANN PETER J
DirectorPRESIDENT/CEO
Transactions
  • Other

    $.01 PV CL B STK

    [F1]
    2026-06-15+168,375→ 916,286 total
  • Other

    Option

    [F1]
    2026-06-15+3,325→ 5,494 total
    Exercise: $26.47From: 2017-12-14Exp: 2026-12-14→ $.01 PV CL B STK (3,325 underlying)
  • Other

    Option

    [F1]
    2026-06-15+6,049→ 9,994 total
    Exercise: $29.68From: 2018-12-12Exp: 2027-12-12→ $.01 PV CL B STK (6,049 underlying)
  • Other

    Option

    [F1]
    2026-06-15+6,958→ 6,958 total
    Exercise: $26.31From: 2019-12-13Exp: 2028-12-13→ $.01 PV CL B STK (6,958 underlying)
  • Other

    Option

    [F1]
    2026-06-15+12,240→ 12,240 total
    Exercise: $25.03From: 2020-12-09Exp: 2029-12-09→ $.01 PV CL B STK (12,240 underlying)
  • Other

    Option

    [F1]
    2026-06-15+19,780→ 19,780 total
    Exercise: $12.04From: 2022-01-22Exp: 2031-01-22→ $.01 PV CL B STK (19,780 underlying)
  • Other

    Option

    [F1]
    2026-06-15+23,160→ 23,160 total
    Exercise: $9.28From: 2022-12-09Exp: 2031-12-09→ $.01 PV CL B STK (23,160 underlying)
  • Other

    Option

    [F1]
    2026-06-15+25,000→ 25,000 total
    Exercise: $8.12From: 2023-12-16Exp: 2032-12-16→ $.01 PV CL B STK (25,000 underlying)
  • Other

    Option

    [F1]
    2026-06-15+16,780→ 16,780 total
    Exercise: $12.63From: 2024-12-07Exp: 2033-12-07→ $.01 PV CL B STK (16,780 underlying)
  • Other

    Restricted Stock Unit

    [F4][F1][F3]
    2026-06-15+5,290→ 5,290 total
    → $.01 PV CL B STK (5,290 underlying)
  • Other

    Option

    [F1]
    2026-06-15+15,160→ 15,160 total
    Exercise: $13.79From: 2025-12-05Exp: 2034-12-05→ $.01 PV CL B STK (15,160 underlying)
  • Other

    Restricted Stock Unit

    [F4][F1][F5]
    2026-06-15+5,050→ 5,050 total
    → $.01 PV CL B STK (5,050 underlying)
  • Other

    Option

    [F1]
    2026-06-15+5,950→ 5,950 total
    Exercise: $43.10From: 2026-12-04Exp: 2035-12-04→ $.01 PV CL B STK (5,950 underlying)
  • Other

    Restricted Stock Unit

    [F4][F1][F6]
    2026-06-15+2,430→ 2,430 total
    → $.01 PV CL B STK (2,430 underlying)
Holdings

  • $.01 PV Com Stk

    93,967.608

  • Option

    Exercise: $26.47From: 2017-12-14Exp: 2026-12-14→ $.01 PV Com Stk (14,460 underlying)
    14,460

  • Option

    Exercise: $29.68From: 2018-12-12Exp: 2027-12-12→ $.01 PV Com Stk (26,300 underlying)
    26,300

  • Option

    Exercise: $26.31From: 2019-12-13Exp: 2028-12-13→ $.01 PV Com Stk (34,790 underlying)
    34,790

  • Option

    Exercise: $25.03From: 2020-12-09Exp: 2029-12-09→ $.01 PV Com Stk (61,200 underlying)
    61,200

  • Option

    Exercise: $12.04From: 2022-01-22Exp: 2031-01-22→ $.01 PV Com Stk (98,900 underlying)
    98,900

  • Option

    Exercise: $9.28From: 2022-12-09Exp: 2031-12-09→ $.01 PV Com Stk (115,800 underlying)
    115,800

  • Option

    Exercise: $8.12From: 2023-12-16Exp: 2032-12-16→ $.01 PV Com Stk (125,000 underlying)
    125,000

  • Option

    Exercise: $12.63From: 2024-12-07Exp: 2033-12-07→ $.01 PV Com Stk (83,900 underlying)
    83,900

  • Restricted Stock Unit

    [F2][F3]
    → $.01 PV Com Stk (26,450 underlying)
    26,450

  • Option

    Exercise: $13.79From: 2025-12-05Exp: 2034-12-05→ $.01 PV Com Stk (75,800 underlying)
    75,800

  • Restricted Stock Unit

    [F2][F5]
    → $.01 PV Com Stk (25,250 underlying)
    25,250

  • Option

    Exercise: $43.10From: 2026-12-04Exp: 2035-12-04→ $.01 PV Com Stk (29,750 underlying)
    29,750

  • Restricted Stock Unit

    [F2][F6]
    → $.01 PV Com Stk (12,150 underlying)
    12,150
Footnotes (6)
  • [F1]Shares issued pursuant to a one-for-five distribution of Class B stock to holders of both Common and Class B stock on the record date of June 15, 2026.
  • [F2]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
  • [F3]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 23, 2027, with the vesting percentage determined based on actual performance.
  • [F4]Each restricted stock unit represents the right to receive, at settlement, one share of class B stock.
  • [F5]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.
  • [F6]Vesting of these restricted stock units depends on Astronics Corp.'s average annual adjusted EBITDA for the period January 1, 2026- December 31, 2028. The "target" number of restricted stock units is reported. Between 50% and 150% of the target number of units may vest on February 19, 2029, with the vesting percentage determined based on actual performance.
Signature
/S/JULIE DAVIS, AS POWER OF ATTORNEY FOR PETER J. GUNDERMANN|2026-06-17

Documents

1 file
  • 4
    wk-form4_1781727234.xmlPrimary

    FORM 4