Form 4: AstroNova VP Thomas Wayne Carll Reports Stock Transactions
SEC Form 4 Filing
AstroNova's Vice President, Thomas Wayne Carll, reported the vesting and subsequent disposal of restricted stock units to cover tax obligations.
Summary
- Thomas Wayne Carll, a Vice President at AstroNova, Inc. (ALOT), reported transactions involving common stock and restricted stock units.
- On April 17, 2024, 211 restricted stock units vested and were converted into common stock, followed by the disposal of 93 shares to satisfy tax obligations at a price of $16.68 per share.
- On April 18, 2024, 558 restricted stock units vested and were converted into common stock, followed by the disposal of 244 shares to satisfy tax obligations at a price of $16.87 per share.
- Following these transactions, Carll directly owns 30,340 shares of AstroNova common stock and 420 restricted stock units, and 558 restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports required insider trading activity. There is no indication of positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and holdings in the company's stock.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they represent a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 04/17/2024 | 211 Restricted Stock Units vested and 93 shares disposed of for tax obligations. |
| 04/18/2024 | 558 Restricted Stock Units vested and 244 shares disposed of for tax obligations. |
| 04/19/2024 | Date of signature of the report. |
| 04/17/2025 | Remaining restricted stock units vest in two equal annual installments beginning on this date. |
| 04/18/2025 | The remainder of the restricted stock units will fully vest and settle on this date. |
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