Alpha Pro Tech (APT) Director James Buchan Receives 5,860 RSUs

What Happened James Buchan, a director of Alpha Pro Tech Ltd. (APT), received a grant of 5,860 restricted stock units (RSUs) on 2026-09-30. The Form 4 shows an acquisition amount of 5,860 shares at $0.00 (grant), which reflects an award rather than a cash purchase or sale.

Key Details

• Transaction date: 2026-09-30; Form filed: 2026-10-01 (appears timely; Form 4 is generally due within 2 business days).
• Transaction type: Award/Grant (coded A); shares: 5,860; reported price: $0.00 (grant value not recorded as a purchase).
• Vesting: Per the filing footnote, these are time‑based RSUs that vest in full on the first anniversary of the grant, subject to the 2020 Omnibus Plan and award agreement.
• Shares owned after transaction: Not specified in the filing.
• No 10b5-1 plan, tax withholding, or sale reported in this filing.

Context Time‑based RSUs are compensation awards that typically convert to common shares only after vesting; they are not an immediate cash outlay or sale. This grant is a routine equity compensation action and does not by itself indicate a buy/sell market signal until/if the shares vest and are later sold.