ATROB ASTRONICS CORP
Price Chart
Executive Summary
Astronics Corporation announced a 20% stock distribution of Class B Stock to holders of Common and Class B Stock, with one Class B share for every five shares held. The distribution is expected on June 29, 2026, and after distribution approximately 32.1 million Common and 10.9 million Class B shares will be outstanding. This is a routine capital structure event with no immediate financial impact.
Actionable Insight
The stock distribution is a routine corporate action. Monitor for any conversion activity of Class B into Common, which could increase Common float. No earnings or cash flow implications.
Key Facts
- 20% Class B stock distribution: one Class B share for every five shares held.
- Record date: June 15, 2026; Distribution date: on or about June 29, 2026.
- Post-distribution shares: ~32.1M Common, ~10.9M Class B outstanding.
- Class B Stock carries 10 votes per share (Common: 1 vote) and is convertible to Common.
Financial Impact
No financial impact; non-cash distribution of voting shares.
Risk Factors
- Potential dilution of voting power for Common shareholders if Class B holders convert.
- No direct financial risk from this event.
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000008063-26-000032 |
| Document: a060126exhibit991.htm | 0000008063-26-000032 |
| Document: 0000008063-26-000032-index-headers.html | 0000008063-26-000032 |
| Document: 0000008063-26-000032-index.html | 0000008063-26-000032 |
| Document: 0000008063-26-000032.txt | 0000008063-26-000032 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 1, 2026
5d ago
|
8-K
| $85.35 $85.35 | · 0.00% | ▼ −0.14% | $85.35 (−0.00%) |
|
Apr 17, 2026
7w ago
|
DEFA14A
| $78.25 $78.25 | · 0.00% | ▲ +0.19% | $85.35 (+9.07%) |
US Market Status
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