Alpha Pro Tech CFO Colleen McDonald Receives 30,000 RSUs

What Happened Colleen J. McDonald, Chief Financial Officer of Alpha Pro Tech Ltd., was granted 30,000 time‑based restricted stock units (RSUs) on September 28, 2023. The Form 4 reports the acquisition as an award (code A) at $0.00 per share (non‑cash compensation). According to the filing footnote, the RSUs will vest in full on the third anniversary of the grant (Sept 28, 2026), subject to the company’s 2020 Omnibus Plan and the applicable award agreement. The current filing is an amendment (filed 2026-09-29) correcting the originally reported security type (the original Form 4 erroneously listed restricted stock).

Key Details

• Transaction date: 2023-09-28 — Grant of 30,000 RSUs (code A)
• Reported price: $0.00 per share (award, no cash paid at grant); total reported value $0
• Vesting: Vests in full on third anniversary of grant (≈2026-09-28) per footnote F1
• Shares owned after transaction: Not specified in the provided filing
• Filing/Timing: Amendment filed 2026-09-29 correcting security type — indicates a late amendment for a 2023 grant (Form 4s are normally due within two business days of the transaction)
• No 10b5‑1 plan, tax‑withholding, or immediate sale noted in this filing

Context RSUs are a common form of executive compensation that convert into shares when they vest; the grant itself is not a market purchase or sale and does not necessarily signal immediate buying or selling intent. Retail investors tracking insider activity may note the future vesting date when shares could be delivered and potentially sold, and should consult other filings (proxy statements, 10‑Ks) for additional details on aggregate insider holdings and dilution.