{"url_path":"/sec/alot/10-k/2026/item-12","section_key":"item-12","section_title":"Item 12 Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters","topic":"sec","document":{"doc_type":"10-K/A","doc_date":"2026-06-01","source_url":"https://www.sec.gov/Archives/edgar/data/8146/0001193125-26-251606-index.html","accession_number":"0001193125-26-251606","cik":"0000008146","ticker":"ALOT","issuer_name":"AstroNova, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/8146/0001193125-26-251606-index.html","primary_entity_key":"0000008146","primary_entity_name":"AstroNova, Inc."},"word_count":1128,"has_tables":true,"body_markdown":"Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters\n\nSecurity Ownership of 5% Beneficial Owners\n\nThe following table sets forth certain information regarding the beneficial ownership of the Company’s outstanding shares of common stock, as of May 21, 2026 (except as noted), by each person who is known to the Company to own of record or beneficially more than 5% of such stock:\n\n \n\nName of Beneficial Owner\n\n  \nNumber of\nShares Beneficially\nOwned(a)\n \n \nPercent\nof Class\n \n\nAskeladden Capital Management LLC\n\n14 Sunrise Ct\n\nTrophy Club, TX 76262\n\n  \n \n716,233\n (b) \n \n \n9.4\n% \n\nJuniper Targeted Opportunity Fund, L.P.\n\n555 Madison Avenue, 24th Floor\n\nNew York, NY 10022\n\n  \n \n535,203\n (c) \n \n \n7.1\n% \n\nDimensional Fund Advisors LP\n\n6300 Bee Cave Road, Building One\n\nAustin, TX 78746\n\n  \n \n435,238\n (d) \n \n \n5.7\n% \n\nPeter Kamin\n\n2720 Donald Ross Road, Unit 311\n\nPalm Beach Gardens, FL 33410\n\n  \n \n433,065\n (e) \n \n \n5.8\n% \n\n \n\n \n•\n \n\nAll information is based upon ownership of record as reflected on the stock transfer books of the Company or as reported on Schedule 13G or Schedule 13D filed under Rule 13d-1 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).\n\n \n\n \n•\n \n\nAccording to a Schedule 13D/A filed with the SEC on August 29, 2025, Askeladden Capital Management LLC (“Askeladden”) and Samir Patel reported shared voting power and shared dispositive power with respect to 716,233 shares. These 716,233 shares are held by client accounts of Askeladden, the investment adviser. Askeladden client accounts are the record and direct beneficial owner of the 716,233 shares. Samir Patel is the Principal of Askeladden. As the Principal of Askeladden, Mr. Patel may be deemed to beneficially own these securities.\n\n \n\n \n•\n \n\nJuniper Targeted Opportunity Fund, L.P. (“Juniper Fund”) has sole voting and dispositive power with respect to 535,203 shares. Juniper HF Investors II, LLC (“Juniper HF”), Juniper Investment Company, LLC (“Juniper Investment Company”), an investment adviser registered under the Advisers Act, Alexis P. Michas and John A. Bartholdson, have shared voting and dispositive power with respect to 535,203 shares based on their relationship with Juniper Fund.\n\n \n\n \n•\n \n\nAccording to a Schedule 13G/A filed with the SEC on April 9, 2026, Dimensional Fund Advisors LP, an investment adviser registered under the Investment Advisers Act of 1940, as amended (the “Advisers Act”), and its subsidiaries (collectively, “Dimensional”) had sole voting power with respect to 430,968 shares and sole dispositive power with respect to 435,238 shares held by registered investment companies, trusts and separate accounts for which Dimensional serves as investment manager, adviser or sub-adviser as of March 31, 2026.\n\n \n\n \n•\n \n\nAccording to a Schedule 13D filed with the SEC on December 13, 2022, Peter H. Kamin had sole voting power and sole dispositive power with respect to 433,065 shares as of December 5, 2022, which includes 143,420 shares held by the Peter H. Kamin Revocable Trust dated February 2003, of which Mr. Kamin is the sole trustee, 82,084 shares held by the Peter H. Kamin Children’s Trust dated March 1997 of which Mr. Kamin is the trustee, and 58,823 shares held by 3K Limited Partnership, of which Mr. Kamin is the General Partner.\n\nSecurity Ownership of Directors and Officers\n\nThe following table sets forth certain information regarding the beneficial ownership of the Company’s common stock as of May 21, 2026, based on 7,727,772 shares of common stock outstanding as of such date, by each director, by each named executive officer listed in the Summary Compensation Table and by all directors and current executive officers as a group. Unless otherwise noted, all shares of common stock are subject to the sole voting and dispositive power of the respective directors and executive officers.\n\n \n\n29\n\n##### Table of Contents\n\n \n  \nBeneficial Ownership\n \n\nName of Beneficial Owner\n\n  \nShares and\nRestricted\nShares(a)\n \n \nRight to\nAcquire\nWithin 60\nDays of\nMay 21,\n2026(b)\n \n  \nTotal\nBeneficial\nOwnership\n(a)\n \n  \nPercent\nof Class\n \n\nNon-employee directors\n\n  \n\n \n\n  \n\n  \n\nShawn W. Kravetz\n\n  \n \n9,464\n \n \n \n— \n \n  \n \n9,464\n \n  \n \n*\n \n\nAlexis P. Michas\n\n  \n \n564,522\n (c) \n \n \n— \n \n  \n \n564,522\n \n  \n \n7.3\n% \n\nMitchell I. Quain\n\n  \n \n125,611\n \n \n \n15,000\n \n  \n \n140,611\n \n  \n \n1.8\n% \n\nYvonne E. Schlaeppi\n\n  \n \n51,921\n \n \n \n10,000\n \n  \n \n61,921\n \n  \n \n*\n \n\nRichard S. Warzala\n\n  \n \n75,711\n \n \n \n10,000\n \n  \n \n85,711\n \n  \n \n1.1\n% \n\nNamed Executive Officers\n\n  \n\n \n\n  \n\n  \n\nJorik E. Ittmann\n\n  \n \n2,581\n \n \n \n— \n \n  \n \n2,581\n \n  \n \n*\n \n\nDarius G. Nevin\n\n  \n \n4,313\n \n \n \n30,000\n \n  \n \n34,313\n \n  \n \n*\n \n\nThomas D. DeByle\n\n  \n \n6,170\n \n \n \n— \n \n  \n \n6,170\n \n  \n \n*\n \n\nThomas W. Carll\n\n  \n \n33,621\n \n \n \n18,024\n \n  \n \n51,645\n \n  \n \n*\n \n\nGregory A. Woods(d)\n\n  \n \n221,964\n \n \n \n95,155\n \n  \n \n317,119\n \n  \n \n4.1\n% \n\nAll directors and current executive officers of the Company as a group(11)(e)\n\n  \n \n922,858\n \n \n \n101,116\n \n  \n \n1,023,974\n \n  \n \n13.1\n% \n\n \n\n*\n\nIndicates less than 1.0%.\n\n \n\n \n•\n \n\nIf applicable, beneficially owned shares include shares owned by the spouse, minor children, and certain other relatives of the director or executive officer, as well as shares held by trusts of which the person is a trustee or in which he or she has a beneficial interest.\n\n \n\n \n•\n \n\nAll options held by non-employee directors and executive officers are fully vested and currently exercisable.\n\n \n\n \n•\n \n\nMr. Michas, as a managing member of Juniper HF and Juniper Investment Company, may be deemed to own beneficially the 535,203 shares held by Juniper Fund and Juniper Investment Company. Mr. Michas disclaims beneficial ownership of such shares for all other purposes.\n\n \n\n \n•\n \n\nMr. Woods’ employment terminated on July 16, 2025.\n\n \n\n \n•\n \n\nThe total group of eleven includes two additional directors and executive officers of the Company not listed above. The total group does not include former executive officer Gregory A. Woods.\n\n \n\n30\n\n##### Table of Contents\n\nEquity Compensation Plan Information\n\nThe following table sets forth information about the Company’s equity compensation plans as of January 31, 2026:\n\n \n\nPlan Category\n\n  \nNumber of\nSecurities to be\nIssued Upon\nExercise of\nOutstanding\nOptions,\nWarrants\nand Rights\n \n \nWeighted-\nAverage\nExercise Price\nof Outstanding\nOptions,\nWarrants\nand Rights\n \n \nNumber of\nSecurities\nRemaining\nAvailable for\nFuture Issuance\nUnder Equity\nCompensation\nPlans\n \n\nEquity Compensation Plans Approved by Shareholders\n\n  \n \n911,197\n (1) \n \n$\n15.57\n (2) \n \n \n116,025\n (3) \n\nEquity Compensation Plans Not Approved by Shareholders\n\n  \n \n— \n \n \n \n— \n \n \n \n— \n \n\n  \n\n \n\n \n\n \n \n\n \n\n \n\n \n \n\n \n\n \n\n \n\nTotal\n\n  \n \n911,197\n (1) \n \n$\n15.57\n (2) \n \n \n116,025\n (3) \n\n  \n\n \n\n \n\n \n \n\n \n\n \n\n \n \n\n \n\n \n\n \n\n \n\n(1)\n\nIncludes 117,349 shares issuable upon exercise of outstanding options granted under the Company’s 2007 Equity Incentive Plan; 55,200 shares issuable upon exercise of outstanding options granted under the Company’s 2015 Equity Incentive Plan; and 146,500 shares issuable upon exercise of outstanding options granted, 491,532 restricted stock units outstanding and 100,616 shares issuable upon settlement of outstanding Stock-Settled Performance Awards at target achievement under the Company’s 2018 Equity Incentive Plan. The Stock-Settled Performance Awards may be settled in shares in a range of 50,305 and 150,928 based upon the achievement of performance goals. Refer to Note 15, “Share-Based Compensation,” to the Company’s audited financial statements for the fiscal year ended January 31, 2026 included in the Company’s Annual Report on Form 10-K filed with the SEC on April 15, 2026 for further discussion.\n\n(2)\n\nDoes not include restricted stock units or stock-settled performance awards.\n\n(3)\n\nRepresents shares available for grant under the Company’s 2018 Equity Incentive Plan."}