Keane Robert S 4
4 · ASTRONICS CORP · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
ASTRONICS Director Robert S. Keane Receives Distributed Shares
What Happened Robert S. Keane, a director of ASTRONICS CORP (ATRO), was credited with a total of 85,802 shares on June 15, 2026 through corporate distributions. The filing shows three "other acquisition or disposition" entries (code J) for 2,786; 41,639; and 41,377 shares, each at $0.00 per share (total cash paid = $0). This was a non‑market distribution of Class B stock (not an open‑market purchase).
Key Details
- Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (timely filing).
- Reported transactions: 2,786; 41,639; and 41,377 shares — total 85,802 shares — price $0.00 per share.
- Footnote F1: Shares issued pursuant to a one‑for‑five distribution of Class B stock to holders of Common and Class B stock on the June 15, 2026 record date.
- Footnote F2/F3: Some shares are held by Boston & Saranac LLC (owned by a trust for the reporting person and spouse); other shares are reported as the trust's entire interest though Keane’s proportionate interest is below 25%.
- Shares owned after the transaction: not specified in the provided filing.
Context This was a corporate stock distribution (one‑for‑five Class B stock) rather than a purchase or sale on the market, meaning no cash was exchanged and it does not directly signal buying/selling intent. The filing reports trust and entity ownership details—Keane may be a potential beneficiary of some holdings but his direct economic interest in certain reported shares is below 25% per the footnotes.
Insider Transaction Report
- Other
$.01 PV CL B STK
[F1]2026-06-15+2,786→ 2,786 total - Other
$.01 PV CL B STK
[F1][F2]2026-06-15+41,639→ 249,838 total(indirect: Note) - Other
$.01 PV CL B STK
[F1][F3]2026-06-15+41,377→ 248,263 total(indirect: Note)
- 13,934
$.01 PV Com Stk
Footnotes (3)
- [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]The direct owner is Boston & Saranac LLC, a Delaware limited liability company ("Boston & Saranac"). Boston & Saranac is 100% owned by a trust whose beneficiaries are the Reporting Person and his spouse
- [F3]Reporting Person is one of multiple potential beneficiaries to the direct owner of these shares, which is a trust (EAK & KRK Trust U/A/D 10-15-97 FBO Elizabeth A. Keane). The entire amount of the trust's interest is reported on this form, however the Reporting Person's proportionate interest is below 25%.