AstroNova (ALOT) CTO exercises RSUs, adds shares while some withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AstroNova, Inc. Chief Technology Officer Michael J. Natalizia reported a series of compensation-related equity transactions, mainly the vesting and settlement of restricted stock units into common stock. On multiple dates from March 21 to April 17, he exercised derivative awards to acquire an aggregate of 2,427 shares of common stock, reflected as zero exercise price entries.
In connection with these vestings, a total of 894 shares of common stock were disposed of as tax-withholding dispositions, meaning shares were withheld to cover tax obligations rather than sold in the open market. After these transactions, he directly owned about 47,349.3445 shares of AstroNova common stock. Footnotes indicate that certain restricted stock units have fully vested and settled, while other remaining units are scheduled to vest in 2027 under stated annual vesting schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,427 shares exercised/converted
Mixed
12 txns
Insider
Natalizia Michael J
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 247 | $0.00 | -- |
| Exercise | Common Stock | 247 | $0.00 | -- |
| Tax Withholding | Common Stock | 91 | $13.35 | $1K |
| Exercise | Restricted Stock Units | 1,344 | $0.00 | -- |
| Exercise | Common Stock | 1,344 | $0.00 | -- |
| Tax Withholding | Common Stock | 494 | $11.78 | $6K |
| Exercise | Restricted Stock Units | 56 | $0.00 | -- |
| Exercise | Common Stock | 56 | $0.00 | -- |
| Tax Withholding | Common Stock | 21 | $10.70 | $224.70 |
| Exercise | Restricted Stock Units | 780 | $0.00 | -- |
| Exercise | Common Stock | 780 | $0.00 | -- |
| Tax Withholding | Common Stock | 288 | $8.29 | $2K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 47,349.345 shares (Direct, null)
Footnotes (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 remaining restricted stock units vest in two equal annual installments beginning April 14, 2027.
Key Figures
RSU exercises: 2,427 shares
Tax-withholding shares: 894 shares
Post-transaction holdings: 47,349.3445 shares
+3 more
6 metrics
RSU exercises
2,427 shares
Common stock acquired via derivative exercises from Mar 21 to Apr 17
Tax-withholding shares
894 shares
Common stock disposed of to cover tax liabilities on vesting
Post-transaction holdings
47,349.3445 shares
Common stock directly owned after final April 17 transaction
Single largest RSU conversion
1,344 shares
Restricted stock units converted to common stock on April 14
Largest tax-withholding block
494 shares
Common stock delivered for taxes on April 14 at $11.78 per share
Highest tax price
$13.35/share
Price used for 91-share tax-withholding disposition on April 17
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, derivative security, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of ALOT 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
"Payment of exercise price or tax liability by delivering securities."
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 exercise/conversion financial
"Exercise or conversion of derivative security."
derivative security financial
"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
"The remaining restricted stock units vest on April 7, 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.
FAQ
What insider transactions did AstroNova (ALOT) CTO Michael Natalizia report?
He reported RSU vestings converting into common stock and related tax-withholding dispositions. Between March 21 and April 17, 2,427 common shares were acquired via derivative exercises, while 894 shares were withheld to cover tax liabilities rather than sold on the open market.
What do the restricted stock unit (RSU) footnotes mean for AstroNova (ALOT)?
Each restricted stock unit equals one share of ALOT common stock. Some RSUs have fully vested and settled, while others will vest on April 7, 2027, and in two equal annual installments beginning April 14, 2027, creating a scheduled stream of future share deliveries.