AstroNova (ALOT) SVP Finn Padraig Sells Shares in Merger

What Happened
Finn Padraig, Senior Vice President of AstroNova (ALOT), had a series of dispositions on 2026-08-26 related to the company’s merger. In total he received cash of $1,543,873 from the cancellation/cash-out of shares and restricted stock units (RSUs) at $29.00 per share. Transactions reported:

• 1,685 shares disposed at $29.00 for $48,865 (pursuant to the Merger Agreement). (F1)
• 1,200 RSUs cancelled at $29.00 for $34,800 (originally granted 9/23/2024). (F2)
• 2,171 RSUs cancelled at $29.00 for $62,959 (originally granted 4/14/2025). (F3)
• 43,591 RSUs cancelled at $29.00 for $1,264,139 (originally granted 8/15/2025). (F4)
• 4,590 RSUs cancelled at $29.00 for $133,110 (originally granted 2/26/2026). (F5)

Key Details

• Transaction date and price: All transactions on 2026-08-26 at $29.00 per share.
• Total cash received: $1,543,873.
• Shares owned after transaction: Not specified in the provided excerpt of the Form 4 — check the full filing for post-transaction holdings.
• Footnotes: Dispositions were made pursuant to the Agreement and Plan of Merger; the RSUs vested/cancelled and were paid out in cash equal to the Merger Consideration per underlying share (see F1–F5).
• Timeliness: Filing date matches the report date (2026-08-26), indicating the Form 4 was filed contemporaneously with the transaction.

Context

• These were not open-market sales but cash payouts under the Merger Agreement: RSUs became fully vested and were cancelled in exchange for cash at the merger price.
• Such merger-related cash-outs are routine contractual outcomes for equity awards and do not by themselves indicate ongoing buying or selling intent in the open market.