UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                ----------------

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


        Date of Report (Date of earliest event reported): March 23, 2006


                       American Locker Group Incorporated
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)

                Delaware                    0-439                16-0338330
        ----------------------------    --------------       -------------------
       (State or other jurisdiction     (Commission          (IRS Employer
       of incorporation)                 File Number)        Identification No.)


                  815 S. Main Street, Grapevine, Texas                 76051
               -------------------------------------------         -------------
               (Address of principal executive offices)             (Zip code)


       Registrant's telephone number, including area code: (817) 239-1600

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
    230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange   Act (17 CFR
    240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))





Item 1.01 Entry into a Material Definitive Agreement.

         The Board of  Directors  of American  Locker  Group  Incorporated  (the
"Company")  has  determined to amend the  Company's  policy with respect to fees
paid to Directors  beginning  with the payment of fees for the calendar  quarter
ended  March 31,  2006.  The  Company  will pay  $8,000  on an  annual  basis to
Directors who are not full-time  employees of the Company,  payable quarterly at
the end of each calendar quarter. $5,000 of such amount will be payable in cash,
and the remaining  $3,000 will be payable in the form of unregistered  shares of
the Company's common stock, as valued by the Stock Option-Executive Compensation
Committee of the  Company's  Board of Directors  from time to time. In addition,
the  Chair of the Audit  Committee  of the  Company's  Board of  Directors  will
receive  an  additional  fee of  $3,000  on an  annual  basis,  payable  in cash
quarterly at the end of each calendar  quarter.  Each Director will receive $500
for each meeting of the Board of Directors  attended in person or by  conference
telephone,  payable in cash  quarterly at the end of each calendar  quarter.  No
Director will receive  additional  compensation for attendance at any meeting of
any committee of the Board of Directors.

Item 5.02 Departure of Directors or Principal  Officers; Election of  Directors;
          Appointment of Principal Officers.

         On March 23, 2006,  Craig R. Frank was appointed to the Company's Board
of  Directors.  Mr. Frank was appointed to serve on the Stock Option - Executive
Compensation  Committee and the Nominating and Corporate Governance Committee of
the Board of Directors.






                                    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.


                                      AMERICAN LOCKER GROUP INCORPORATED


                                  By: /s/ Edward F. Ruttenberg
                                      ------------------------------------------
                                      Edward F. Ruttenberg
                                      Chairman, Chief Executive Officer,
                                      Chief Operating Officer and Treasurer

Dated:  May 15, 2006