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AstroNova Form 4: Jorik Ittmann Receives 130,890 RSUs

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

Rhea-AI Filing Summary

AstroNova, Inc. (ALOT) Form 4: Reporting person Jorik Ittmann, who is both a director and the Chief Executive Officer, was granted 130,890 restricted stock units (RSUs) on 08/15/2025. Each RSU represents a contingent right to receive one share of ALOT common stock. The RSUs vest and will settle on August 15, 2028. Following the reported transaction the filing shows 130,890 shares beneficially owned, held directly, with a reported price of $0 for the award. The Form 4 was signed on behalf of the reporting person by power of attorney on 08/19/2025.

Positive

  • 130,890 RSUs granted to CEO and director Jorik Ittmann, increasing direct beneficial ownership.
  • Clear vesting schedule: RSUs vest and settle on August 15, 2028, aligning ownership with long-term tenure.
  • Each RSU equals one share of common stock, simplifying the conversion to shareholder equity at settlement.

Negative

  • None.

Insights

TL;DR CEO and director Jorik Ittmann received 130,890 RSUs that vest in three years, increasing his direct ownership stake.

The award is a standard equity compensation vehicle that ties long-term executive pay to shareholder value by converting contingent units into common shares on the vesting date. The Form 4 indicates direct beneficial ownership of 130,890 shares following the grant, and the zero reported price reflects a grant rather than an open-market purchase. This disclosure is routine for executive equity grants and informs shareholders about changes in insider ownership.

TL;DR ALOT granted the CEO 130,890 RSUs on 08/15/2025 that vest and settle on 08/15/2028, reflecting a multi-year retention incentive.

The structure described — RSUs with a three-year vesting period — indicates a time-based retention award. The unit-to-share one-to-one conversion and the direct ownership reported post-grant are clearly stated. There is no information in the filing about performance conditions, grant fair value, or impact on outstanding share count, so compensation impact beyond the timing and quantity of the award cannot be determined from this Form 4 alone.

SEC Form 4
FORM 4 UNITED 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*
Ittmann Jorik

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

(Street)
WEST WARWICK RI 02893

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AstroNova, Inc. [ ALOT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 08/15/2025 A 130,890 (2) (2) Common Stock 130,890 $0 130,890 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of ALOT common stock.
2. The restricted stock units vest and settle on August 15, 2028.
/s/ Daniel Clevenger, by Power of Attorney 08/19/2025
** Signature of Reporting Person Date
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.

FAQ

How many restricted stock units did Jorik Ittmann receive on the Form 4 for ALOT?

The Form 4 reports a grant of 130,890 restricted stock units to Jorik Ittmann.

When do the RSUs granted to the ALOT CEO vest and settle?

The RSUs vest and settle on August 15, 2028 according to the filing.

Does each restricted stock unit convert to a share of ALOT common stock?

Yes. The filing states each restricted stock unit represents a contingent right to receive one share of ALOT common stock.

What ownership is reported following the transaction on the Form 4?

The filing shows 130,890 shares beneficially owned following the reported transaction, held directly.

What transaction date and filing signature date are shown on the Form 4?

The transaction date is 08/15/2025 and the form was signed by power of attorney on 08/19/2025.
Astronova

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Computer Hardware
Computer Peripheral Equipment, Nec
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United States
WEST WARWICK