MICHAS ALEXIS P 4
Research Summary
AI-generated summary
AstroNova (ALOT) Director Alexis P. Michas Receives 3,053-Share Award
What Happened
Alexis P. Michas, a director of AstroNova, was awarded 3,053 restricted shares on April 9, 2026. The award was recorded at $0.00 per share (a compensation grant rather than an open-market purchase), so no cash was paid by the insider.
Key Details
- Transaction date: 2026-04-09; Filing date (Form 4): 2026-04-13 (reports April 9 transaction).
- Type: Restricted stock award (code A — grant/award/acquisition).
- Shares awarded: 3,053 shares at $0.00 per share (total reported acquisition value $0).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote F1: Award made under the Amended and Restated Non-Employee Director Annual Compensation Program.
- Footnote F2: These shares are held by Juniper Targeted Opportunity Fund, L.P.; Mr. Michas is a managing member of the fund’s manager and may be deemed to beneficially own the shares but disclaims ownership except for his pecuniary interest.
Context
Restricted stock awards to non-employee directors are a common element of board compensation and represent a grant of equity rather than a market-driven purchase or sale. The filing shows acquisition via award and includes an institutional holding structure (Juniper Fund) with the usual beneficial-ownership disclosure. There is no indication in the provided data of any sale or immediate disposition of these shares.