Alpha Pro Tech (APT) Director Reports 5,615 RSU Grant on Amended Form 4
Rhea-AI Filing Summary
Dr. John Ritota, a director of Alpha Pro Tech Ltd (APT), reported an amended Form 4 correcting the filing date to October 1, 2025. The filing shows a grant of 5,615 time-based restricted stock units under the companys 2020 Omnibus Plan that vest in full on the first anniversary of the grant, with an acquisition price of $0. After the grant Dr. Ritota beneficially owns 48,355 shares. The form also discloses 5,000 shares held indirectly by his daughter and 7,000 shares held indirectly by his spouse, with Dr. Ritota disclaiming beneficial ownership of those indirect holdings.
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Insights
TL;DR: A routine director RSU grant was reported and the filing date was corrected; this is standard executive compensation reporting.
The amended Form 4 documents a time-based restricted stock unit award of 5,615 RSUs to a company director that vest in one year and carry no purchase price, consistent with equity-based compensation practices for non-employee directors or executive directors. The correction to the filing date appears administrative. The disclosure of indirect holdings by immediate family members with a disclaimer by Dr. Ritota is standard and clarifies his direct versus indirect ownership. Overall, the filing is procedural and does not indicate unusual governance actions.
TL;DR: The transaction increases reported insider alignment with shareholders but is not likely material to valuation.
The 5,615 RSU grant increases the directors direct reported stake to 48,355 shares; because the award vests after one year and was granted at $0, it represents standard retention or compensation rather than a cash investment. For most investors this size of grant is immaterial relative to a public companys market capitalization unless APT is very small. The amendment correcting the filing date improves regulatory accuracy but does not change the economics of the grant.