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Alpha Pro Tech (APT) Form 4: Director receives restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Dr. John Ritota, a director of Alpha Pro Tech Ltd (APT), received 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, subject to the plan and award agreement. After the reported transaction the filing shows Dr. Ritota beneficially owns 48,355 shares of APT common stock. The form also reports indirect holdings of 5,000 shares held by his daughter and 7,000 shares held by his spouse, which Dr. Ritota disclaims beneficial ownership of. This disclosure reflects a routine equity award to a director and the current direct and indirect ownership positions reported on the Form 4.

Positive

  • Director equity grant aligns interests The 5,615 time-based restricted stock units vesting in one year tie the directors compensation to shareholder value.

Negative

  • None.

Insights

TL;DR: Routine director equity award that aligns management and shareholders; no governance red flags in the disclosure.

The Form 4 discloses a time-based restricted stock unit grant that vests in one year, which is a common mechanism to align a directors interests with long-term shareholder value. The reporting person is identified as a director and reports both direct and disclaimed indirect holdings, consistent with standard disclosure practices. There is no indication of related-party transactions beyond customary family-held shares for which the director disclaims beneficial ownership. Overall, this filing is standard governance disclosure without material control changes or unusual terms disclosed.

TL;DR: Minor insider award; unlikely to move market or materially affect share count.

The award of 5,615 restricted stock units is modest relative to typical public-company floats and will only vest subject to the plan terms, implying limited immediate dilution or selling pressure. The report shows total direct beneficial ownership of 48,355 shares after the grant, with additional family-held shares disclaimed. From a securities perspective this is a routine disclosure of compensation-related equity and personal holdings, not a significant signal of corporate strategy or financial stress.

SEC Form 4
FORM 4 UNITED 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).
1. Name and Address of Reporting Person*
RITOTA JOHN

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

(Street)
AURORA A6 L4G 1H6

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ALPHA PRO TECH LTD [ APT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/29/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 09/29/2025 A 5,615(1) A $0 48,355 D
Common Stock 5,000 I by daughter, Dr. Ritota disclaims beneficial ownership
Common Stock 7,000 I by spouse, Dr.Ritota disclaims beneficial ownership
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares of time-based restricted stock units granted under the Alpha Pro Tech, Ltd. 2020 Omnibus Plan ( the "Plan") that will vest in full on the first anniversary of the grant date, subject to the terms of the Plan and the applicable award agreement.
/s/ Dr. John Ritota 04/24/2025
** Signature of Reporting Person Date
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.

FAQ

What did APT director Dr. John Ritota receive according to the Form 4?

The Form 4 reports 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 date.

How many APT shares does Dr. Ritota beneficially own after the reported transaction?

The filing shows Dr. Ritota beneficially owns 48,355 shares of APT common stock following the reported transaction.

Are there any indirect holdings reported by Dr. Ritota in the APT Form 4?

Yes, the Form 4 reports 5,000 shares held by his daughter and 7,000 shares held by his spouse, and Dr. Ritota disclaims beneficial ownership of those indirect holdings.

Do the reported transactions on the Form 4 indicate a sale or disposition of APT shares?

No. The Form 4 discloses an acquisition (grant) of 5,615 RSUs; there is no sale or disposition reported in the transaction lines provided.

Are the restricted stock units immediately vested and tradeable?

No. The RSUs are time-based and vest in full on the first anniversary of the grant, subject to the terms of the Omnibus Plan and the award agreement.
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