AstroNova, Inc. Announces 2024 Annual Meeting of Shareholders on June 11, 2024

TL;DR

<b>AstroNova, Inc. will hold its 2024 Annual Meeting of Shareholders on June 11, 2024, to elect directors, vote on executive compensation, and ratify auditors.</b>

AI Summary

AstroNova, Inc. (ALOT) filed a Proxy Statement (DEF 14A) with the SEC on May 2, 2024. The 2024 Annual Meeting of Shareholders for AstroNova, Inc. will be held on June 11, 2024, via remote communication. Shareholders will vote on the election of five directors to serve until the next annual meeting. A non-binding, advisory vote to approve the Company's executive compensation is scheduled. The appointment of Wolf & Company, P.C. as the independent registered public accounting firm for fiscal year ending January 31, 2025, will be ratified. The record date for determining shareholders entitled to vote is April 12, 2024.

Why It Matters

For investors and stakeholders tracking AstroNova, Inc., this filing contains several important signals. Shareholders have the opportunity to influence the company's governance by electing directors and providing advisory input on executive compensation. The ratification of the independent auditor is a standard but crucial step in ensuring financial transparency and compliance.

Risk Assessment

Risk Level: — AstroNova, Inc. shows moderate risk based on this filing. The filing is a routine DEF 14A proxy statement, indicating standard corporate governance procedures rather than significant new developments or risks.

Analyst Insight

Shareholders should review the proposals regarding director elections and executive compensation to exercise their voting rights effectively.

Key Numbers

• 5 — Directors (To be elected at the annual meeting)
• 2024 — Annual Meeting Year (The year of the annual meeting)
• 2025 — Fiscal Year End (For which the auditor is appointed)

Key Players & Entities

• AstroNova, Inc. (company) — Registrant
• Wolf & Company, P.C. (company) — Independent registered public accounting firm
• June 11, 2024 (date) — Annual Meeting date
• April 12, 2024 (date) — Record date
• January 31, 2025 (date) — Fiscal year end for auditor appointment

FAQ

Industry Context

AstroNova, Inc. operates in the industrial technology sector, providing data acquisition and analysis instruments.

Regulatory Implications

This filing is a DEF 14A, a standard proxy statement required by the SEC for public companies to solicit shareholder votes.

What Investors Should Do

1. Review the nominees for the board of directors and their qualifications.
2. Understand the details of the executive compensation plan being presented for advisory vote.
3. Confirm the ratification of the independent auditor, Wolf & Company, P.C.

Key Dates

• 2024-06-11: Annual Meeting of Shareholders — Shareholders will vote on key corporate matters.
• 2024-04-12: Record Date — Determines shareholders eligible to vote.

Year-Over-Year Comparison

This filing is a routine DEF 14A proxy statement, providing notice of the annual meeting and its agenda, with no specific comparative data from a previous filing presented within this document.

Key Financial Figures

• $12,500 — ements which are not expected to exceed $12,500 in the aggregate. Who May Vote The

Filing Documents

• alot_def_14a_2024-finalp.htm (DEF 14A) — 801KB
• img91525981_0.jpg (GRAPHIC) — 1394KB
• img91525981_1.jpg (GRAPHIC) — 141KB
• 0000950170-24-051612.txt (&nbsp;) — 2915KB

From the Filing

DEF 14A 1 alot_def_14a_2024-finalp.htm DEF 14A DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 ASTRONOVA, INC. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. AstroNova, Inc. 600 East Greenwich Avenue West Warwick, Rhode Island 02893 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS June 11, 2024 To the Shareholders of AstroNova, Inc.: Notice is hereby given that the 2024 Annual Meeting of Shareholders of AstroNova, Inc. (the &#x201c;Company,&#x201d; &#x201c;we&#x201d; or &#x201c;our&#x201d;) will be held by means of remote communication on Tuesday, June 11, 2024, beginning at 9:00 a.m., Eastern Daylight Time for the following purposes: (1) To consider and vote upon the election of five directors to serve until the next annual meeting of shareholders or until their successors are elected and have qualified; (2) To conduct a non-binding, advisory vote to approve the Company&#x2019;s executive compensation; (3) To ratify the appointment of Wolf & Company, P.C. as the Company&#x2019;s independent registered public accounting firm for the fiscal year ending January 31, 2025; and (4) To transact such other business as may properly come before the meeting. The close of business on April 12, 2024 has been fixed as the record date for determining shareholders entitled to attend or vote at the annual meeting or any adjournment thereof. You may vote on these matters at the annual meeting or by proxy. Whether or not you plan to attend the meeting, please promptly complete and return the enclosed proxy card in the enclosed addressed, postage-paid envelope or vote via the Internet or telephone, so that your shares will be represented and voted at the meeting in accordance with your wishes. If you attend the meeting, you may withdraw your proxy or Internet or telephone vote and vote your shares by means of the remote platform. The Annual Meeting of Shareholders will only be conducted exclusively via remote communication. In order to attend the meeting, you should register in advance at www.proxydocs.com/ALOT prior to the start of the meeting. Upon completing your registration, you will receive further instructions via email, including your unique link that will allow you access to the meeting and give you the ability to submit questions. Please be sure to follow instructions found on your proxy card and/or voting authorization form and subsequent instructions that will be delivered to you via email. As always, we encourage you to vote your shares prior to the annual meeting. By Order of the Board of Directors /s/Daniel S. Clevenger Daniel S. Clevenger Secretary May 2, 2024 IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON JUNE 11, 2024. The Company&#x2019;s Proxy Statement and Annual Report are available for viewing, printing and downloading at: http://www.proxydocs.com/ALOT This website does not use &#x201c;cookies&#x201d; to track or identify visitors AstroNova, Inc. PROXY STATEMENT ANNUAL MEETING OF SHAREHOLDERS June 11, 2024 The Meeting The 2024 annual meeting of shareholders of AstroNova, Inc. (the &#x201c;Company&#x201d;) will be held at 9:00 a.m., Eastern Daylight Time, on Tuesday, June 11, 2024, by means of remote communication. At the meeting, shareholders of record on the record date for the meeting who are present or represented by proxy will have the opportunity to vote on the following matters: &#x2022; the election of five directors to serve until the next annual meeting of shareholders or until their successors are elected and have qualified; &#x2022; the approval, on an advisory, non-binding basis, of the compensation paid to the Company&#x2019;s Named Executive Officers, as disclosed in this proxy statement pursuant to Item 402 of Regulation S-K (including in the compensation discussion and analysis, compensation tables, and accompanying narrative disclosures); &#x2022; the ratification of the appointment of Wolf & Company, P.C. as the Company&#x2019;s independent registered public accounting firm for the fiscal year ending January 31, 2025; and &#x2022; such other business as may properly come before the meeting.

View Full Filing

View this DEF 14A filing on SEC EDGAR