Form 4: AstroNova Executive Stephen Petrarca Reports Stock Transactions

Stephen Petrarca, a Vice President at AstroNova, Inc., reported the vesting and subsequent sale of restricted stock units on April 17 and 18, 2024.

Summary

• Stephen M. Petrarca, a Vice President at AstroNova, Inc. (ALOT), reported transactions involving common stock and restricted stock units.
• On April 17, 2024, 179 restricted stock units vested and were converted into common stock, followed by the sale of 79 shares at $16.68 per share to cover tax obligations.
• On April 18, 2024, 472 restricted stock units vested and were converted into common stock, followed by the sale of 206 shares at $16.87 per share to cover tax obligations.
• Following these transactions, Petrarca directly owns 29,145 shares of AstroNova common stock and 473 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Future Outlook

The remaining restricted stock units will vest in two equal annual installments beginning on April 17, 2025, and fully vest and settle on April 18, 2025.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives who receive stock-based compensation. It provides transparency into management's holdings and trading activity.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve a small number of shares relative to the total outstanding.
• The transactions provide transparency to stakeholders regarding executive compensation and stock ownership.

Key Dates