Natalizia Michael J 4

What Happened Michael J. Natalizia, Chief Technology Officer of AstroNova (ALOT), converted 592 restricted stock units (RSUs) into common shares on June 10, 2026. The RSUs converted at $0 exercise price; 218 of the resulting shares were withheld/disposed to cover tax withholding at $15.92 per share for total tax withholding of about $3,471, leaving a net issuance of 374 shares to the insider.

Key Details

• Transaction date: June 10, 2026; Form 4 filed June 12, 2026 (timely filing).
• Conversion/exercise: 592 RSUs converted to 592 shares (derivative code M) at $0.00.
• Tax withholding: 218 shares disposed (code F) at $15.92 each = $3,471 (approx).
• Net shares received: 592 - 218 = 374 shares.
• Shares owned after transaction: not specified in the information provided.
• Footnotes: F1 — each RSU equals the right to one share; F2 — remaining RSUs vest on June 10, 2027.
• This was not an open-market sale; withholding was to satisfy tax obligations.

Context This was a routine equity award vesting/conversion event (RSUs converting to common stock) rather than a discretionary market purchase or sale. Code M indicates conversion/exercise of a derivative; code F indicates shares were withheld to cover taxes — a common post-vesting administrative action and not necessarily a signal about the insider’s view of the company.