UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of The Securities Exchange Act of 1934
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Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(e)
On August 5, 2024, AstroNova, Inc. (the “Company”) entered into an amendment (the “Amendment”) to the Separation Agreement entered into on June 25, 2024 (the “Separation Agreement”) by the Company and David S. Smith, the Company’s former Vice President, Chief Financial Officer and Treasurer. Pursuant to the terms of the Amendment, subject to Mr. Smith providing evidence to the Company of his election of and enrollment in Medicare Part B coverage, the Company will pay to Mr. Smith the amount of $633.20 per month, monthly in arrears, from August 1, 2024 through January 31, 2026. Except as amended by the Amendment, the Separation Agreement remains in full force and effect.
The foregoing description of the Amendment is qualified in its entirety by reference to the full text of the Amendment, which is attached as Exhibits 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 | Financial Statement and Exhibits. |
(d) Exhibits
Exhibit No. |
Exhibit | |
10.1 | Amendment dated August 5, 2024 to Separation Agreement between the Company and David S. Smith* | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ASTRONOVA, INC. | ||||||
Dated: August 8, 2024 | By: | /s/ Thomas D. DeByle | ||||
Thomas D. DeByle | ||||||
Vice President, Chief Financial Officer and Treasurer |