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Alpha Pro Tech corrects CFO's 30,000-unit award

The time-based RSUs vest in full on the grant's third anniversary, subject to the 2020 Omnibus Plan and applicable award agreement.

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Form Type
4/A

Rhea-AI Filing Summary

Alpha Pro Tech Ltd (APT) CFO Colleen J. McDonald reported a direct award of 30,000 time-based restricted stock units on September 28, 2023. The Form 4/A corrects the original report’s classification from restricted stock to restricted stock units. Her reported direct holdings following the award were 45,833 shares.

Insider MCDONALD COLLEEN J
Role CFO
Type Security Shares Price Value
Grant/Award common stock F1 30,000 $0.00 $0.00
Holdings After Transaction: common stock — 45,833 shares (Direct)
Footnotes (1)
  1. F1. Represents shares of time-based restricted stock units ("RSU's") granted under the Alpha Pro Tech, Ltd. 2020 Omnibus Plan (the" Plan") that will vest in full on the third anniversary of the grant date, subject to the terms of the Plan and the applicable award agreement.
RSUs awarded 30,000 shares Direct award on September 28, 2023
Direct holdings following award 45,833 shares Reported position after the transaction
Reported price per share $0.0000 per share Recorded for the RSU award
Vesting Third anniversary of grant date RSUs vest in full, subject to the plan and applicable award agreement
time-based restricted stock units financial
"shares of time-based restricted stock units"
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
2020 Omnibus Plan technical
"granted under the Alpha Pro Tech, Ltd. 2020 Omnibus Plan"
award agreement technical
"the applicable award agreement"
An award agreement is a legal contract that spells out the terms of a pay or equity grant—such as stock options, restricted shares, or cash bonuses—given to an employee, director or consultant. It describes what is being granted, any conditions for keeping it (for example, earning it over time or meeting performance targets), and what happens if the person leaves or breaks rules. Investors care because these agreements affect company costs, potential share dilution and how executives are motivated and rewarded.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RSUs did APT's CFO receive?

Alpha Pro Tech Ltd CFO Colleen J. McDonald received a direct award of 30,000 time-based restricted stock units on September 28, 2023; her reported direct holdings afterward were 45,833 shares.

When do APT's RSUs vest?

The time-based restricted stock units will vest in full on the third anniversary of the grant date, subject to the 2020 Omnibus Plan and the applicable award agreement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MCDONALD COLLEEN J

(Last)(First)(Middle)
53 WELLINGTON STREET EAST

(Street)
AURORAL4G 1H6

(City)(State)(Zip)

ONTARIO, CANADA

(Country)
2. Issuer Name and Ticker or Trading Symbol
ALPHA PRO TECH LTD [ APT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/28/2023
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
09/29/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
common stock09/28/2023A(1)30,000A$045,833D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of time-based restricted stock units ("RSU's") granted under the Alpha Pro Tech, Ltd. 2020 Omnibus Plan (the" Plan") that will vest in full on the third anniversary of the grant date, subject to the terms of the Plan and the applicable award agreement.
Remarks:
This amendment is being filed solely to correct the type of securities acquired by the reporting person. The original Form 4 erroneously reported that the person acquired shares of restricted stock, This form 4 filed today should have been filed as an amendment to the originally filed form 4, filed on October 2, 2023.
/s/ Colleen McDonald09/29/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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