STOCK TITAN

Astronics (ATRO) director reports Class B stock and option restructuring

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Astronics Corp director Neil Y. Kim reported internal equity adjustments rather than market trades. The filing shows a one-for-five distribution of Class B stock, issuing 8,811 Class B shares to him. Related option positions on Class B stock totaling 1,840 underlying shares were also adjusted, while he continues to hold 44,056 common shares and existing options on common stock.

Positive

  • None.

Negative

  • None.
Insider KIM NEIL Y.
Role null
Type Security Shares Price Value
Other Option 920 $0.00 --
Other Option 920 $0.00 --
Other $.01 PV CL B STK 8,811 $0.00 --
holding Option -- -- --
holding Option -- -- --
holding $.01 PV Com Stk -- -- --
Holdings After Transaction: Option — 1,520 shares (Direct, null); $.01 PV CL B STK — 8,811 shares (Direct, null); $.01 PV Com Stk — 44,056 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Class B shares received 8,811 shares One-for-five Class B stock distribution on record date June 15, 2026
Common shares held 44,056 shares $.01 PV common stock held directly after transactions
Class B option position 1 920 underlying shares at $28.37 Option on $.01 PV Class B stock, exercise price $28.37, expiration March 2, 2028
Class B option position 2 920 underlying shares at $23.75 Option on $.01 PV Class B stock, exercise price $23.75, expiration March 7, 2027
Common stock options 4,000 underlying shares at $28.37 Option on $.01 PV common stock, exercise price $28.37, expiration March 2, 2028
Additional common stock options 4,000 underlying shares at $23.75 Option on $.01 PV common stock, exercise price $23.75, expiration March 7, 2027
Restructuring shares total 10,651 shares Shares involved in restructuring-coded transactions (J) in this filing
one-for-five distribution financial
"Shares issued pursuant to a one-for-five distribution of Class B stock"
Class B stock financial
"distribution of Class B stock to holders of both Common and Class B stock"
Class B stock is a type of company share that usually carries different voting or economic rights than the more common Class A shares — for example, fewer votes per share or different dividend rules. Investors care because those differences affect control and potential returns: it’s like owning a cheaper seat at an event that gives less say over what happens, so Class B shares can trade at different prices and influence how much sway a shareholder has over company decisions.
other acquisition or disposition financial
"transaction_code_description": "Other acquisition or disposition""
restructuringCount financial
""restructuringCount": 3,"
exercise price financial
""conversion_or_exercise_price": "28.3700""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
KIM NEIL Y.

(Last)(First)(Middle)
130 COMMERCE WAY

(Street)
EAST AURORA NEW YORK 14052

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ASTRONICS CORP [ ATRO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
$.01 PV Com Stk44,056D
$.01 PV CL B STK06/15/2026J(1)8,811A$08,811D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Option$23.7509/07/201703/07/2027$.01 PV Com Stk4,0004,000D
Option$23.7506/15/2026J(1)92009/07/201703/07/2027$.01 PV CL B STK920$01,520D
Option$28.3703/02/201903/02/2028$.01 PV Com Stk4,0004,000D
Option$28.3706/15/2026J(1)92003/02/201903/02/2028$.01 PV CL B STK920$01,520D
Explanation of Responses:
1. 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.
Remarks:
/s/Julie Davis as Power of Attorney for Neil Y. Kim06/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Astronics (ATRO) director Neil Y. Kim report in this Form 4?

Neil Y. Kim reported internal equity changes, not open-market trades. He received 8,811 Class B shares and adjustments to options tied to Class B stock, as part of a structured distribution, while retaining his existing common stock and option holdings.

How many Astronics Class B shares did Neil Y. Kim receive in the June 2026 distribution?

He received 8,811 shares of $.01 par value Class B stock. These shares were issued through a one-for-five distribution to holders of both Common and Class B stock, with a record date of June 15, 2026, per the Form 4 footnote.

What happened to Neil Y. Kim’s Astronics stock options in this Form 4 filing?

The filing shows option positions tied to Class B stock adjusted by 920 underlying shares at a $28.37 exercise price and 920 shares at $23.75. These are coded as “other” transactions, reflecting restructuring, not standard purchases or sales in the market.

How many Astronics common shares does Neil Y. Kim hold after these transactions?

After the reported transactions, he holds 44,056 shares of $.01 par value common stock directly. This position is separate from his Class B share holdings and from his outstanding options on both common and Class B stock reported in the same Form 4.

What does the one-for-five Class B stock distribution at Astronics mean for holders?

The one-for-five distribution granted one Class B share for every five eligible shares held as of June 15, 2026. Neil Y. Kim’s 8,811 Class B shares were issued under this program, reflecting a proportional allocation rather than a negotiated trade or purchase.