SEC Form 4 · accession 0001628280-26-043891
ASTRONICS CORP · ATRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nancy L Hedges
Officer — Principal Accounting Officer
Period of report
Jun 15, 2026
Accepted (ET)
Jun 17, 2026 · 4:14 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000008063
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| $.01 PV CL B STK | Jun 15, 2026 | J | 6,666 | $0.00 | A | 7,953 | D | |
| $.01 PV Com Stk | holding | — | — | — | 32,049 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF4,F3 | — | Jun 15, 2026 | J | 1,004 | A | — | — | $.01 PV CL B STK | 1,004 | 1,004 | D |
| Restricted Stock UnitF4,F5 | — | Jun 15, 2026 | J | 3,540 | A | — | — | $.01 PV CL B STK | 3,540 | 3,540 | D |
| Restricted Stock UnitF4,F6 | — | Jun 15, 2026 | J | 2,430 | A | — | — | $.01 PV CL B STK | 2,430 | 2,430 | D |
| Restricted Stock UnitF2,F3 | — | holding | — | — | — | — | — | $.01 PV Com Stk | 5,024 | 5,024 | D |
| Restricted Stock UnitF2,F5 | — | holding | — | — | — | — | — | $.01 PV Com Stk | 17,700 | 17,700 | D |
| Restricted Stock UnitF2,F6 | — | holding | — | — | — | — | — | $.01 PV Com Stk | 12,150 | 12,150 | D |
Explanation of responses
- F1Shares 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.
- F2Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- F3Vesting 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.
- F4Each restricted stock unit represents the right to receive, at settlement, one share of class B stock.
- F5Vesting 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.
- F6Vesting 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.