DeByle Thomas D. 4

What Happened
Thomas D. DeByle, AstroNova’s Chief Financial Officer, converted restricted stock units (derivative conversion, code M) into 6,838 shares on 2026-04-14. To satisfy tax withholding (code F), 2,513 shares were withheld/disposed at $11.78 per share for a total of $29,603, leaving a net of 4,325 shares retained by DeByle (6,838 converted − 2,513 withheld). The RSU conversion entries also include derivative-disposition reporting related to the settlement.

Key Details

• Transaction date reported: 2026-04-14; Form 4 filed: 2026-04-21 (appears late — filed 7 days after the transaction).
• Conversion (M): 3,443 and 3,395 RSUs converted (total 6,838). Reported as acquired/disposed as part of settlement.
• Tax withholding (F): 1,265 and 1,248 shares withheld (total 2,513) at $11.78 per share = $14,902 + $14,701 = $29,603.
• Net shares retained after withholding: 4,325 (6,838 − 2,513). Implied value of retained shares at $11.78 ≈ $50,949 (approx.).
• Footnotes: F1 — each RSU = right to one ALOT common share; F2 — these RSUs vest in two equal annual installments beginning April 14, 2027.
• Shares owned after transaction: not specified in the filing.
• Codes: M = exercise/conversion of a derivative (RSU); F = payment of exercise price or tax liability (share withholding).

Context
This transaction reflects RSU settlement and routine tax-withholding (a cashless-like settlement), not an open-market buy or sale. Such conversions and withholding are common when equity awards vest or are settled and do not necessarily indicate insider market sentiment. The late filing means the market received the Form 4 several days after the transaction date.