AstroNova (ALOT) CFO Thomas D. DeByle Sells Shares in Merger
$ALOT · AstroNova, Inc.Research Summary
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AstroNova (ALOT) CFO Thomas D. DeByle Sells Shares in Merger
What Happened
Thomas D. DeByle, Chief Financial Officer of AstroNova, executed dispositions to the issuer on August 26, 2026 in connection with the company’s merger. Transactions occurred at a merger consideration of $29.00 per share and resulted in aggregate cash proceeds of $3,552,854. The filings show: 6,170.208 common shares disposed for $178,936, plus cancellation of restricted stock units (RSUs) as follows — 6,886 RSUs for $199,694; 6,790 RSUs for $196,910; 87,183 RSUs for $2,528,307; and 15,483 RSUs for $449,007. All RSUs became fully vested and were cancelled on the transaction date in exchange for cash under the Merger Agreement.
Key Details
- Transaction date: August 26, 2026; per-share consideration: $29.00.
- Individual items: 6,170.208 shares ($178,936); 6,886 RSUs ($199,694); 6,790 RSUs ($196,910); 87,183 RSUs ($2,528,307); 15,483 RSUs ($449,007). Total cash = $3,552,854.
- Footnotes: Dispositions were made pursuant to the Agreement and Plan of Merger; the RSU items were grants from Apr 14, 2025; Apr 15, 2025; Aug 15, 2025; and Feb 26, 2026 that vested and were cancelled for cash (see F1–F5).
- Shares owned after the transactions: not specified in the Form 4.
- Filing timeliness: Form filed the same day (Aug 26, 2026); no late filing indicated.
Context
These were not open‑market sales but disposals/cancellations tied to the merger — RSUs were settled for cash equal to the merger consideration ($29/share). For retail investors: such merger-driven cancellations are routine corporate-transaction settlements and do not by themselves signal insider buying or a change in the officer’s view of the stock.