Form 4: AstroNova Director Mitchell I. Quain Acquires 980 Shares of Common Stock
SEC Form 4
Director Mitchell I. Quain acquired 980 shares of AstroNova, Inc. common stock on March 21, 2024, through a restricted stock award.
Summary
- On March 21, 2024, Mitchell I. Quain, a director of AstroNova, Inc., acquired 980 shares of common stock.
- The acquisition was a result of a restricted stock award made under the Amended and Restated Non-Employee Director Annual Compensation Program.
- The price per share for the acquisition was $0.00.
- Following the transaction, Quain directly owns 73,628 shares of common stock.
- Quain also indirectly owns 16,701 shares held in a trust where he serves as a trustee.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating a director's stock acquisition, which can be seen as a slightly positive sign of confidence, but it's not a major event.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders.
Stakeholder Impact
- The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of transaction: Mitchell I. Quain acquired 980 shares of AstroNova, Inc. common stock. |
| 03/25/2024 | Date of signature: Form 4 signed by David S. Smith, by Power of Attorney. |
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