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.
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.
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
Investment Themes
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 21w ago | 8-K | $71.13 $78.79 | ▲ +10.78% | ▲ +12.07% | $60.57 (−14.84%) |
Apr 17, 2026 27w ago | DEFA14A | $65.21 $66.67 | ▲ +2.24% | ▼ −1.85% | $60.57 (−7.11%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers