AstroNova (ALOT) director exits at $29 in merger deal
Rhea-AI Filing Summary
AstroNova, Inc. (ALOT) director Shawn W. Kravetz reported a disposition of common stock in connection with a merger. On 2026-08-26, he disposed of 9,464 shares of AstroNova common stock at $29.00 per share in a disposition to the issuer, executed pursuant to an Agreement and Plan of Merger among AstroNova, Orion Merger Parent, Inc., and Orion MergerCo X, Inc. Following this transaction, Kravetz reported 0 shares of AstroNova common stock held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,464 shares
Net Sell
1 txn
Insider
Kravetz Shawn W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1 | 9,464 | $29.00 | $274K |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Footnotes (1)
- F1. Disposed of pursuant to that certain Agreement and Plan of Merger, dated as of June 16, 2026, by and among AstroNova, Inc. (the "Company"), Orion Merger Parent, Inc. ("Parent"), and Orion MergerCo X, Inc., a wholly owned subsidiary of Parent (as it may be amended from time to time, the "Merger Agreement").
Key Figures
Shares disposed: 9,464 shares of Common Stock
Transaction price per share: $29.00 per share
Shares owned after transaction: 0 shares
3 metrics
Shares disposed
9,464 shares of Common Stock
Disposition to issuer on 2026-08-26
Transaction price per share
$29.00 per share
Price for the 9,464 shares disposed on 2026-08-26
Shares owned after transaction
0 shares
Direct holdings of Shawn W. Kravetz following the disposition
Key Terms
Disposition to issuer, Agreement and Plan of Merger, Merger Agreement
3 terms
Disposition to issuer financial
"transaction_action: "issuer disposition" and code description "Disposition to issuer""
Agreement and Plan of Merger regulatory
"Disposed of pursuant to that certain Agreement and Plan of Merger, dated as of June 16, 2026"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
Merger Agreement regulatory
"as it may be amended from time to time, the "Merger Agreement""
A merger agreement is a binding contract that lays out the exact terms for two companies to combine, including the price, what each side will deliver, and the conditions that must be met before the deal is completed. Investors care because it sets the timetable, payouts and risks — like a blueprint or prenup that shows whether the deal is likely to close, how ownership will change, and what could cancel or alter the payout they expect.
FAQ
What transaction did AstroNova (ALOT) director Shawn W. Kravetz report on this Form 4?
He reported a disposition to the issuer of 9,464 shares of AstroNova common stock on 2026-08-26 at a reported price of $29.00 per share, leaving him with 0 directly held shares after the transaction.
What was the nature of Shawn W. Kravetz’s AstroNova (ALOT) Form 4 transaction?
The Form 4 describes the transaction as a Disposition to issuer of common stock, coded as transaction code D, meaning the shares were returned or transferred to AstroNova rather than sold in an open-market transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.