Astronics (ATRO) Director Robert Keane Converts 76,000 Shares

What Happened

• Robert S. Keane, a director of Astronics Corp (ATRO), reported a conversion of derivative securities on 2026-08-25. The filing shows 76,000 Class B shares were converted (recorded as 76,000 shares acquired and 76,000 shares disposed) at $0.00 per share, so no cash changed hands.

Key Details

• Transaction date: August 25, 2026; Form 4 filed August 26, 2026 (timely filing).
• Price: $0.00 per share; total cash value reported = $0.
• Shares involved: 76,000 Class B shares converted (Boston & Saranac LLC was the direct owner of the Class B shares converted).
• Shares owned after transaction: not specified on the Form 4 provided.
• Relevant footnotes:
  • The direct owner of the converted shares is Boston & Saranac LLC (F2, F3).
  • The reporting person is a beneficiary (one of multiple) of the trust that owns Boston & Saranac; the form reports the trust's entire interest though Keane’s proportionate interest is under 25% (F1).
• No indication of a 10b5-1 plan, tax withholding sale, or late filing in this report.

Context

• This was a conversion of a derivative/Class B position into common shares, not an open-market purchase or sale — a routine corporate/ownership-structure action rather than a directional insider buy or sell. Conversions at $0.00 are typically mechanical (class reclassification or exchange) and do not necessarily reflect a change in sentiment.