secwatch.observer — SEC 8-K summary
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Issuer:     ASTRONICS CORP (ATRO)
CIK:        0000008063
Form:       8-K
Filed at:   2026-06-01T13:05:02+00:00
Accession:  0000008063-26-000032
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Astronics announces 20% Class B stock distribution to all shareholders
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- Record date June 15, 2026; distribution expected on/around June 29, 2026.
- Shareholders receive one Class B share for every five shares held; fractional shares paid in cash.
- After distribution, ~32.1M Common and ~10.9M Class B shares outstanding.
- Class B shares carry 10 votes per share (Common 1 vote); convertible to Common at any time without cost.
- This is the fifteenth such distribution since 1987; aims to encourage long-term ownership.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8063/000000806326000032/0000008063-26-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8063/000000806326000032/atro-20260601.htm
  HTML page:      https://secwatch.observer/filing/0000008063-26-000032

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer