secwatch.observer — SEC 8-K summary
======================================

Issuer:     AstroNova, Inc. (ALOT)
CIK:        0000008146
Form:       8-K
Filed at:   2023-03-27T23:59:59+00:00
Accession:  0001193125-23-080625
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Astronova sets FY2024 executive bonus plan based on adjusted EBITDA; annual meeting June 6
--------------------------------------------------------------------------------

- FY2024 STIP targets: CEO 80%, CFO 45%, CTO 35% of base salary.
- Bonus based on adjusted EBITDA; payouts linearly interpolated between threshold, target, and enhanced target.
- No bonus below EBITDA threshold; 100% target at EBITDA target; incremental up to 100% for enhanced target.
- Aggregate annual STIP awards capped at 15% of consolidated operating income.
- Annual meeting June 6, 2023; record date April 10, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8146/000119312523080625/0001193125-23-080625-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8146/000119312523080625/d440412d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-080625

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer