Natalizia Michael J 4

What Happened

• Michael J. Natalizia, Chief Technology Officer of AstroNova (ALOT), converted restricted stock units (derivative securities) into 2,427 shares between 2026-03-21 and 2026-04-17. To satisfy tax withholding obligations, 894 shares were withheld/disposed at reported per-share values, totaling $9,647, leaving a net of 1,533 shares received.
• These transactions are conversions/settlements of RSUs (transaction code M for conversion; F indicates shares withheld to pay taxes). This is an award/vesting event (receipt of shares) rather than an open-market purchase or sale.

Key Details

• Transaction dates and withholding details:
  • 2026-03-21: 780 RSUs converted; 288 shares withheld at $8.29/share = $2,388
  • 2026-04-07: 56 RSUs converted; 21 shares withheld at $10.70/share = $225
  • 2026-04-14: 1,344 RSUs converted; 494 shares withheld at $11.78/share = $5,819
  • 2026-04-17: 247 RSUs converted; 91 shares withheld at $13.35/share = $1,215
• Totals: 2,427 shares acquired via conversion; 894 shares withheld for taxes; cash value withheld = $9,647; net shares retained = 1,533.
• Shares owned after the transactions: not specified in the provided filing.
• Footnotes from the filing:
  • F1: Each restricted stock unit represents a contingent right to one share of ALOT common stock.
  • F2: 100% of certain restricted stock units have fully vested and settled.
  • F3: Some remaining restricted stock units vest on April 7, 2027.
  • F4: Other remaining restricted stock units vest in two equal annual installments beginning April 14, 2027.
• Filing timeliness: no late-filing indication provided in the data you supplied.

Context

• These were RSU vesting/settlement events with shares withheld to cover tax obligations (a net settlement), not open-market sales. Such withholdings are routine and do not necessarily signal a view on the company’s prospects.
• For retail investors: awarded/vested shares increase insider ownership but are driven by compensation vesting schedules. Purchases are generally a clearer bullish signal than routine vesting.