AstroNova Insider Filing: CFO Receives 87,260 Restricted Stock Units
Rhea-AI Filing Summary
The filing reports that Thomas D. DeByle, Chief Financial Officer of AstroNova, Inc. (ALOT), was granted 87,260 restricted stock units (RSUs) on August 15, 2025. Each RSU represents the right to one share of common stock and the units vest and will settle on August 15, 2028. The reported grant has a reported price of $0 because RSUs are rights to future shares rather than a cash purchase. Following the grant, 87,260 shares are reported as beneficially owned in a direct form. The Form 4 was signed by power of attorney on behalf of the reporting person on August 19, 2025.
Positive
- Long‑term alignment: 87,260 RSUs vesting in three years support retention and alignment of the CFO with shareholder interests
- Clear disclosure: Vesting/settlement date and conversion rate (one RSU per share) are explicitly stated
Negative
- Limited material detail: Filing does not disclose grant fair value, performance conditions, or size relative to outstanding shares
- No performance metrics disclosed: Cannot determine if award is purely time‑based or tied to company performance
Insights
TL;DR: CFO granted 87,260 RSUs vesting in three years, a routine long‑term retention award.
The award appears structured as a time‑based retention grant with a three‑year vesting period ending August 15, 2028. Such grants align senior management incentives with shareholder value over a multi‑year horizon. The report shows direct beneficial ownership of 87,260 shares attributable to the RSUs, and the $0 price is consistent with RSUs rather than an equity purchase. The filing contains no information on performance conditions, tax elections, or the grant’s grant date fair value or proportionate size relative to outstanding shares, so material sizing cannot be assessed from this document alone.
TL;DR: Form 4 discloses a standard insider grant and timely reporting via power of attorney.
The Form 4 properly discloses a non‑derivative award of restricted stock units to an officer and indicates filing by one reporting person. The document specifies the vesting/settlement date and that each RSU converts to one share. The signature by power of attorney and the filing dates are present, satisfying basic Form 4 disclosure requirements. The filing does not include any amendments, derivative instruments, or secondary sales to evaluate other compliance or market impact considerations.