Two directors selling open-market shares on the same day is a cluster signal, but the dollar amounts are small relative to market cap. Monitor next 10-Q for any deterioration in operating results or guidance. The CFO and CEO grants and tax-withholding transactions are routine compensation events and not informative.
Price Chart
Executive Summary
Two directors at Alpha Pro Tech sold a combined $146K in open-market shares on September 28, 2026, at $5.04 per share. The sales are modest in absolute terms and represent a trivial fraction of market cap, but the cluster of open-market selling by two directors on the same day warrants attention.
Key Financial Metrics
Key Facts
- Director Charles D. Montgomery sold 21,900 shares for $111,000 in an open-market transaction on September 28, 2026
- Director and 10% owner Donna Millar sold 6,971 shares for $35,134 in an open-market transaction on September 28, 2026
- Total open-market sales total $146,000, approximately 0.04% of the company's market cap (based on $326M market cap at $5.04)
- CFO Colleen J. McDonald also received a grant of 27,000 shares and had 16,059 shares withheld for taxes on the same day — these are non-cash events with zero economic value
- CEO Lloyd Hoffman received a grant of 45,000 shares and had 26,765 shares withheld for taxes — also non-cash
Financial Impact
Total open-market sales of $146K, representing ~0.04% of market cap — modest but notable as a cluster of two directors selling on the same day
Risk Factors
- Insider selling by two directors on the same day could indicate concern about near-term business prospects
- Small sample size — one day of selling may be liquidity-driven rather than informational
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-APT-1790805064804 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 30, 2026 25d ago | Insider Cluster | $5.07 $6.00 | ▲ +18.34% | ▲ +17.04% | $5.55 (+9.37%) |
Sep 30, 2026 25d ago | Insider Cluster | $5.07 $6.00 | ▼ −18.34% | ▼ −17.04% | $5.55 (−9.37%) |
Sep 16, 2026 5w ago | 8-K | $5.20 $5.11 | ▲ +1.73% | ▲ +4.29% | $5.55 (−6.63%) |
Aug 6, 2026 11w ago | 8-K | $5.22 $5.46 | ▲ +4.60% | ▲ +3.38% | $5.55 (+6.23%) |
Aug 6, 2026 11w ago | Press Release | $5.22 $5.46 | ▲ +4.60% | ▲ +3.38% | $5.55 (+6.23%) |
May 19, 2026 22w ago | Insider Cluster | $6.02 $5.94 | ▼ −1.33% | ▼ −3.58% | $5.55 (−7.89%) |
May 7, 2026 24w ago | 8-K | $6.48 $6.08 | ▼ −6.17% | ▼ −7.68% | $5.55 (−14.43%) |
May 7, 2026 24w ago | Press Release | $6.48 $6.08 | ▼ −6.17% | ▼ −7.68% | $5.55 (−14.43%) |
Mar 11, 2026 32w ago | Press Release | $5.05 $4.61 | ▼ −8.71% | ▼ −7.73% | $5.55 (+9.80%) |
US Market Status
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