1 unchanged sentence
Securities Trading Plans of Directors and Officers
−Removed: During the three months ended July 1, 2023, no director or officer of the Company adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.
−Removed: Certificate of Amendment of the Certificate of Incorporation of Astronics Corporation, dated May 23, 2023 (incorporated by reference to the Company's Current Report on Form 8-K dated May 24, 2023)
−Removed: First Amendment to Sixth Amended and Restated Credit Agreement dated as of June 28, 2023, by and among Astronics Corporation, the other borrowers and guarantors signatory thereto, HSBC Bank USA, National Association, as Agent and Co-Collateral Agent, Wells Fargo Bank, N.A., as Co-Collateral Agent, and the lenders signatory thereto (incorporated by reference to the Company's Current Report on Form 8-K dated June 28, 2023)
+Added: During the three months ended September 30, 2023, no director or officer of the Company adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.
+Added: The item below is reported in lieu of information that would be reported under Item 2.06 under Form 8-K
+Added: The Company was notified on November 6, 2023, that a non-core contract manufacturing customer within the Aerospace Segment filed for bankruptcy under Chapter 11.
+Added: As a result, an allowance for estimated credit losses of $ 7.5 million for outstanding receivables was recorded to Selling, General and Administrative Expenses, and a $ 3.6 million reduction in the carrying value of inventory was recorded to Cost of Products Sold within the Consolidated Condensed Statement of Operations for the three and nine months ended September 30, 2023.
+Added: Equity Distribution Agreement dated August 8, 2023, by and between the Company and the Agents (incorporated by reference to the Company's Current Report on Form 8-K dated August 8, 2023)
Section 302 Certification - Chief Executive Officer
17 unchanged sentences
ASTRONICS CORPORATION
−Removed: August 7, 2023 By:
+Added: November 9, 2023 By:
Executive Vice President and Chief Financial Officer
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.