PEABODY MARK 4
4 · ASTRONICS CORP · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Astronics (ATRO) Exec Mark Peabody Receives Stock Distribution & RSUs
What Happened
- Mark Peabody, Executive Vice President & President—Aerospace at Astronics Corp (ATRO), recorded multiple "other acquisition" transactions on June 15, 2026. He received 49,165 shares issued under a one‑for‑five distribution of Class B stock and 30,991 restricted stock units (RSUs) tied to future settlement — a combined total of 80,156 shares. All items are reported at $0.00 (no cash purchase).
Key Details
- Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (timely filing).
- Transaction code: J (other acquisition/disposition) — used here for a stock distribution and RSU grants/awards.
- Amounts received: 49,165 shares from the 1-for-5 Class B distribution (F1) + 30,991 RSUs (sum of line items). Total acquired = 80,156 shares (reported value $0).
- RSU notes:
- Some RSUs convert to common stock at settlement (F2); others convert to Class B stock (F4).
- Several RSU tranches are performance‑based: vesting depends on average annual adjusted EBITDA over varying multi‑year periods and may vest between 50%–150% of target, with settlement dates in 2027, 2028, and 2029 (F3, F5, F6).
- Shares owned after transaction: not specified in the provided filing.
- No indication of cash purchase, sale, or tax withholding in this filing; these are distribution/award transactions rather than open‑market trades.
Context
- These transactions are non‑cash award/distribution events. RSUs are derivatives (rights to receive shares later) with performance conditions — they do not represent immediate open‑market purchases or sales and thus are not a direct bullish or bearish trading signal by themselves.
Insider Transaction Report
Form 4
ASTRONICS CORPATRO
PEABODY MARK
Executive VP & Pres-Aerospace
Transactions
- Other
$.01 PV CL B STK
[F1]2026-06-15+49,165→ 232,610 total - Other
Option
[F1]2026-06-15+1,108→ 1,831 totalExercise: $26.47From: 2017-12-14Exp: 2026-12-14→ $.01 PV CL B STK (1,108 underlying) - Other
Option
[F1]2026-06-15+1,612→ 2,664 totalExercise: $29.68From: 2018-12-12Exp: 2027-12-12→ $.01 PV CL B STK (1,612 underlying) - Other
Option
[F1]2026-06-15+1,856→ 1,856 totalExercise: $26.31From: 2019-12-13Exp: 2028-12-13→ $.01 PV CL B STK (1,856 underlying) - Other
Option
[F1]2026-06-15+2,720→ 2,720 totalExercise: $25.03From: 2020-12-09Exp: 2029-12-09→ $.01 PV CL B STK (2,720 underlying) - Other
Option
[F1]2026-06-15+4,050→ 4,050 totalExercise: $12.04From: 2022-01-22Exp: 2031-01-21→ $.01 PV CL B STK (4,050 underlying) - Other
Option
[F1]2026-06-15+4,900→ 4,900 totalExercise: $9.28From: 2022-12-09Exp: 2031-12-09→ $.01 PV CL B STK (4,900 underlying) - Other
Option
[F1]2026-06-15+5,340→ 5,340 totalExercise: $8.12From: 2023-12-16Exp: 2032-12-16→ $.01 PV CL B STK (5,340 underlying) - Other
Restricted Stock Unit
[F4][F1][F3]2026-06-15+3,180→ 3,180 total→ $.01 PV CL B STK (3,180 underlying) - Other
Option
[F1]2026-06-15+1,660→ 1,660 totalExercise: $12.63From: 2024-12-07Exp: 2033-12-07→ $.01 PV CL B STK (1,660 underlying) - Other
Restricted Stock Unit
[F4][F1][F5]2026-06-15+3,030→ 3,030 total→ $.01 PV CL B STK (3,030 underlying) - Other
Restricted Stock Unit
[F4][F1][F6]2026-06-15+1,535→ 1,535 total→ $.01 PV CL B STK (1,535 underlying)
Holdings
- 62,382.73
$.01 PV Com Stk
- 4,820
Option
Exercise: $26.47From: 2017-12-14Exp: 2026-12-14→ $.01 PV Com Stk (4,820 underlying) - 7,010
Option
Exercise: $29.68From: 2018-12-12Exp: 2027-12-12→ $.01 PV Com Stk (7,010 underlying) - 9,280
Option
Exercise: $26.31From: 2019-12-13Exp: 2028-12-13→ $.01 PV Com Stk (9,280 underlying) - 13,600
Option
Exercise: $25.03From: 2020-12-09Exp: 2029-12-09→ $.01 PV Com Stk (13,600 underlying) - 20,250
Option
Exercise: $12.04From: 2022-01-22Exp: 2031-01-22→ $.01 PV Com Stk (20,250 underlying) - 24,500
Option
Exercise: $9.28From: 2022-12-09Exp: 2031-12-09→ $.01 PV Com Stk (24,500 underlying) - 26,700
Option
Exercise: $8.12From: 2023-12-16Exp: 2032-12-16→ $.01 PV Com Stk (26,700 underlying) - 15,900
Restricted Stock Unit
[F2][F3]→ $.01 PV Com Stk (15,900 underlying) - 8,300
Option
Exercise: $12.63From: 2024-12-07Exp: 2033-12-07→ $.01 PV Com Stk (8,300 underlying) - 15,150
Restricted Stock Unit
[F2][F5]→ $.01 PV Com Stk (15,150 underlying) - 7,675
Restricted Stock Unit
[F2][F6]→ $.01 PV Com Stk (7,675 underlying)
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 22, 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 Mark Peabody|2026-06-17