Finn Padraig 4
Research Summary
AI-generated summary
AstroNova (ALOT) SVP Finn Padraig Exercises RSUs
What Happened
- Finn Padraig, Senior Vice President of AstroNova (ALOT), had a derivative conversion (code M) on 2026-04-14 that resulted in 1,085 shares being acquired at $0.00 and an equal 1,085 shares disposed at $0.00. The filing shows no cash exchanged for these transactions (total reported value $0).
- Footnote F1 states each restricted stock unit (RSU) represents a contingent right to receive one share, so this appears to be the conversion/vesting of RSUs. Footnote F2 notes remaining RSUs vest in two equal annual installments beginning April 14, 2027.
Key Details
- Transaction date: 2026-04-14; transaction code: M (exercise/conversion of derivative).
- Shares recorded: 1,085 shares acquired @ $0.00; 1,085 shares disposed @ $0.00.
- Shares owned after the transaction: not specified in the reported filing.
- Notable footnotes: F1 (each RSU = right to one share); F2 (remaining RSUs vest in two equal annual installments starting 4/14/2027).
- Filing timeliness: Form 4 filed 2026-04-21 for a 2026-04-14 transaction — this was a late filing.
Context
- Conversions of RSUs that show an equal number of shares disposed at $0 often reflect shares withheld for taxes or similar internal surrender, not an open-market sale; the filing does not show an ordinary cash sale. Such routine vesting/withholding events are common and do not, by themselves, indicate management trading sentiment.