Astronics announces 20% Class B stock distribution, with shares expected June 29, 2026
Astronics Corporation announced a 20% stock distribution of Class B Stock to holders of both Common and Class B Stock. The filing does not report any financial results, and the company says the distribution rewards current shareholders and continues a long-standing practice.
Key points
- Holders receive one Class B share for every five Common or Class B shares held on the June 15, 2026 record date.
- The company expects the new Class B shares to be distributed on or about June 29, 2026; fractional shares will be paid in cash.
- After the distribution, about 32.1 million Common and 10.9 million Class B shares are expected to be outstanding.
- This is the fifteenth such distribution since the first in 1987, per the company.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 01, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.