ALOT Form 4: Director Quain Mitchell Granted 3,346 Restricted Shares
Rhea-AI Filing Summary
AstroNova, Inc. (ALOT) director Quain Mitchell I received a restricted stock award of 3,346 shares on 08/28/2025 under the companys Amended and Restated Non-Employee Director Annual Compensation Program. The shares were issued at a price of $0 as restricted compensation. After the grant, the reporting person beneficially owns 101,065 shares directly and 16,701 shares indirectly through a trust where they serve as trustee. The Form 4 was signed by power of attorney on 09/02/2025. The filing documents a routine director equity grant as part of non-employee director pay.
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Insights
TL;DR: A routine restricted stock award to a director modestly increases insider equity alignment without immediate cash impact.
The 3,346-share grant is compensation, not a cash purchase, issued at $0 and therefore does not affect company cash flow. The directors direct holdings rise to 101,065 shares, which modestly increases insider skin in the game and can align long-term incentives with shareholders. This transaction appears immaterial to overall capitalization unless combined with other undisclosed insider moves. No option exercises, dispositions, or cash purchases are reported.
TL;DR: Standard non-employee director award consistent with customary governance practices and compensation disclosure.
The award is documented under the companys director compensation program and reported via Form 4 as required. Holding both direct (101,065) and indirect (16,701) positions suggests ongoing governance alignment. The filing is properly executed by a power of attorney and discloses the nature of indirect ownership (trust). There are no red flags such as undisclosed related-party transactions or unusual transfer codes.