Carll Thomas Wayne 4
Research Summary
AI-generated summary
AstroNova (ALOT) VP Carll Thomas Wayne Exercises RSUs, Withholds Shares
What Happened
- Carll Thomas Wayne, Vice President of AstroNova (ALOT), had 524 restricted stock units (RSUs) converted into common shares on June 10, 2026 (reported on Form 4 filed 2026-06-12). Of the 524 shares issued, 193 shares were withheld/disposed to cover tax withholding at $15.92 per share, generating $3,073. Net shares delivered to the insider: 331 shares.
Key Details
- Transaction date: 2026-06-10; Form 4 filed: 2026-06-12.
- Actions reported: M = exercise/conversion of a derivative (524 shares converted); F = payment of tax liability via withholding/disposition (193 shares at $15.92, $3,073).
- Net shares received by insider from this conversion: 331 shares (524 issued minus 193 withheld).
- Footnotes: F1 — each restricted stock unit represents a contingent right to receive one ALOT share; F2 — remaining RSUs vest on June 10, 2027.
- No indication in this filing of an open-market sale for proceeds (the 193-share disposition was for tax withholding).
Context
- This was a routine RSU vesting/conversion with shares withheld to satisfy tax liabilities (common practice), not an open-market sale or a cash purchase. Such withholding is administrative and not necessarily a signal about the insider’s view of the stock.