Alpha Pro Tech (APT) CEO Lloyd Hoffman Receives RSU Award

What Happened

• Lloyd Hoffman, CEO, President and Director of Alpha Pro Tech Ltd. (APT), received a grant of 50,000 restricted stock units (RSUs) on 2023-09-28. The reported acquisition price was $0.00 (an award/compensation grant), so no cash was paid by the insider at grant.
• The RSUs were granted under the Alpha Pro Tech, Ltd. 2020 Omnibus Plan and will vest in full on the third anniversary of the grant date, subject to the plan and award agreement.

Key Details

• Transaction date: 2023-09-28; transaction type: Award/Grant (code A); acquisition price: $0.00.
• Number of RSUs granted: 50,000.
• Shares owned after transaction: Not specified in this amended filing.
• Footnote: F1 — these are time-based RSUs that vest in full on the third anniversary of the grant.
• Filing status: This is an amended Form 4 (filed 2026-09-29) correcting the security type (original Form 4 had erroneously reported restricted stock).

Context

• RSUs are compensation awards that convert to shares only when they vest; they are not an open-market purchase or sale and do not by themselves signal a buy or sell decision.
• Because this is an amended filing correcting the security type, review the original Form 4 (and any prior filings) if you need exact ownership totals or earlier disclosure timing.