Carll Thomas Wayne 4

What Happened
Carll Thomas Wayne, Vice President of AstroNova (ALOT), converted/exercised derivative awards (restricted stock units) into 2,321 shares across four settlement dates (Mar 21, Apr 7, Apr 14, Apr 17, 2026). There was no cash exercise price (reported $0.00), consistent with RSU settlement. To cover tax liabilities, 855 shares were surrendered/withheld (codes F) at per-share values shown below, resulting in withholding proceeds of about $9,320. Net, Wayne received 1,466 shares (2,321 acquired less 855 withheld).

Key Details

• Transaction dates and actions:
  • 2026-03-21: Converted 664 derivative units (acquired); 245 shares withheld at $8.29 each for taxes = $2,031.
  • 2026-04-07: Converted 48 derivative units (acquired); 18 shares withheld at $10.70 = $193.
  • 2026-04-14: Converted 1,399 derivative units (acquired); 514 shares withheld at $11.78 = $6,055.
  • 2026-04-17: Converted 210 derivative units (acquired); 78 shares withheld at $13.35 = $1,041.
• Total: 2,321 shares acquired via conversion; 855 shares withheld for taxes; withholding value ≈ $9,320; net increase of 1,466 shares.
• Shares owned after transactions: not specified in the provided excerpt of the filing.
• Footnotes: Filing indicates these were restricted stock units (each RSU = one share). Some RSUs in the filing were 100% vested and settled; other RSUs remain subject to future vesting (remaining units vest Apr 7, 2027 or in two equal annual installments beginning Apr 14, 2027).
• Filing timeline: Form 4 was filed on Apr 21, 2026 and covers transactions from Mar 21–Apr 17, 2026; several transactions were reported after the usual 2-business-day window for Form 4s.

Context

• This appears to be RSU/derivative settlements with shares withheld to satisfy tax obligations (code F), not open-market sales. Withholding of shares to cover taxes is a routine administrative step and does not necessarily signal a change in insider sentiment.