Ittmann Jorik 4
Research Summary
AI-generated summary
AstroNova CEO Jorik Ittmann Receives 13,115-Share Award
What Happened
- Jorik Ittmann (CEO) received a grant of 13,115 restricted stock units (RSUs) on February 26, 2026. The transaction is reported as an award (code A) with a reported price of $0.00 because it is a derivative grant, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-26; Form 4 filed: 2026-03-02 (filed on time within the required window).
- Transaction type: Award/Grant (derivative RSUs), reported at $0.00 per unit.
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: F1 — each RSU is a contingent right to receive one share of ALOT common stock; F2 — RSUs vest in three equal annual installments beginning February 26, 2027.
- No 10b5-1 plan, tax withholding, or sale noted in this filing.
Context
- RSU grants are a common form of executive compensation and represent future rights to shares if and when they vest; they are not an immediate purchase or sale and do not reflect a direct cash outlay or market sentiment by the CEO. The vesting schedule means shares (if issued) will be distributed over the next three years starting in Feb 2027.