AstroNova, Inc.·4

Jun 12, 4:09 PM ET

Carll Thomas Wayne 4

Research Summary

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Updated

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.