STOCK TITAN

AstroNova (ALOT) VP exercises RSUs; shares withheld to cover taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

AstroNova, Inc. Vice President Thomas Wayne Carll reported routine equity compensation activity. On several dates between March 21 and April 17, 2026, he exercised restricted stock units (RSUs) into a total of 2,321 shares of common stock, at a stated exercise price of $0.00 per share.

To cover related tax obligations, 855 common shares were disposed of through tax-withholding transactions rather than open-market sales. After these exercises and withholdings, he directly owned 33,621 shares of AstroNova common stock. Footnotes state that some RSUs have fully vested and settled, while remaining RSUs are scheduled to vest in 2027.

Positive

  • None.

Negative

  • None.
Insider Carll Thomas Wayne
Role Vice President
Type Security Shares Price Value
Exercise Restricted Stock Units 210 $0.00 --
Exercise Common Stock 210 $0.00 --
Tax Withholding Common Stock 78 $13.35 $1K
Exercise Restricted Stock Units 1,399 $0.00 --
Exercise Common Stock 1,399 $0.00 --
Tax Withholding Common Stock 514 $11.78 $6K
Exercise Restricted Stock Units 48 $0.00 --
Exercise Common Stock 48 $0.00 --
Tax Withholding Common Stock 18 $10.70 $192.60
Exercise Restricted Stock Units 664 $0.00 --
Exercise Common Stock 664 $0.00 --
Tax Withholding Common Stock 245 $8.29 $2K
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 33,699 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of ALOT common stock. 100% of the restricted stock units have fully vested and settled. The remaining restricted stock units vest on April 7, 2027. The restricted stock units vest in two equal annual installments beginning April 14, 2027.
RSUs exercised 2,321 shares Total restricted stock units converted to common stock across March–April 2026
Shares withheld for taxes 855 shares Common shares delivered via tax-withholding dispositions using code F
Shares owned after transactions 33,621 shares Direct AstroNova common stock holdings following April 17, 2026 activity
Tax-withholding prices $13.35, $11.78, $10.70, $8.29 Per-share prices on F-code tax-withholding dispositions on reported dates
Single largest RSU exercise 1,399 shares Common stock acquired on April 14, 2026 via RSU exercise
Restricted Stock Units financial
""Restricted Stock Units" listed as derivative security with underlying common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action is "tax-withholding disposition" for F-code entries"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"transaction_code_description notes "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vest financial
"Footnotes state RSUs "have fully vested" and others "vest" in 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
contingent right financial
"Footnote explains each RSU "represents a contingent right to receive" one share"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Carll Thomas Wayne

(Last)(First)(Middle)
C/O ASTRONOVA, INC.
600 EAST GREENWICH AVENUE

(Street)
WEST WARWICK RHODE ISLAND 02893

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
AstroNova, Inc. [ ALOT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/21/2026M664A$032,819D
Common Stock03/21/2026F245D$8.2932,574D
Common Stock04/07/2026M48A$032,622D
Common Stock04/07/2026F18D$10.732,604D
Common Stock04/14/2026M1,399A$034,003D
Common Stock04/14/2026F514D$11.7833,489D
Common Stock04/17/2026M210A$033,699D
Common Stock04/17/2026F78D$13.3533,621D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)03/21/2026M664 (2) (2)Common Stock664$00D
Restricted Stock Units(1)04/07/2026M48 (3) (3)Common Stock48$047D
Restricted Stock Units(1)04/14/2026M1,399 (4) (4)Common Stock1,399$02,799D
Restricted Stock Units(1)04/17/2026M210 (2) (2)Common Stock210$00D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of ALOT common stock.
2. 100% of the restricted stock units have fully vested and settled.
3. The remaining restricted stock units vest on April 7, 2027.
4. The restricted stock units vest in two equal annual installments beginning April 14, 2027.
/s/ Daniel Clevenger, by Power of Attorney04/21/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did AstroNova (ALOT) report for Thomas Wayne Carll?

AstroNova reported that Vice President Thomas Wayne Carll exercised restricted stock units into 2,321 shares of common stock. To satisfy tax obligations, 855 shares were withheld and disposed of via tax-withholding transactions, leaving him with 33,621 directly owned AstroNova common shares after these activities.

Did the AstroNova (ALOT) insider Form 4 show any open-market buying or selling?

The Form 4 shows no open-market purchases or sales. All dispositions used transaction code F, indicating shares were withheld to pay taxes on equity awards, and acquisitions used code M, reflecting exercises or conversions of restricted stock units into AstroNova common stock as part of compensation.

How many AstroNova (ALOT) shares does Thomas Wayne Carll hold after these transactions?

Following the reported exercises and tax-withholding dispositions, Thomas Wayne Carll directly owns 33,621 shares of AstroNova common stock. This figure reflects his position after converting restricted stock units into shares and delivering a portion of those shares to cover related tax liabilities.

What restricted stock unit activity did the AstroNova (ALOT) filing disclose?

The filing shows multiple RSU exercises totaling 2,321 units, each representing a right to receive one AstroNova common share. Footnotes state that 100% of certain RSUs have fully vested and settled, while other RSUs will vest in 2027 under specified installment schedules.

How many AstroNova (ALOT) shares were used for tax withholding in this Form 4?

Across several transactions, 855 AstroNova common shares were disposed of using code F, meaning they were delivered to satisfy tax liabilities tied to equity awards. These tax-withholding dispositions are not open-market sales but a standard mechanism for paying associated taxes.

When do the remaining AstroNova (ALOT) restricted stock units vest for Thomas Wayne Carll?

Footnotes indicate that some of Thomas Wayne Carll’s remaining restricted stock units vest on April 7, 2027. Additional RSUs vest in two equal annual installments beginning April 14, 2027, providing a scheduled timeline for future share delivery if vesting conditions are met.