STOCK TITAN

ALG (ALG) files Form 144 for potential sale of 2,715 common shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

ALG has a Form 144 filing indicating a planned sale of up to 2,715 shares of common stock through Fidelity Brokerage Services LLC on the NYSE, with an aggregate market value of $446,368.72. The filing notes that the shares relate to equity compensation events, including restricted stock vesting and stock option exercises scheduled between February 2024 and February 2025.

Positive

  • None.

Negative

  • None.
Shares to be sold 2,715 shares of common stock Maximum amount listed with broker for potential sale
Aggregate market value $446,368.72 Aggregate market value of 2,715 common shares to be sold
Restricted stock vesting shares (2024) 1,125 shares Restricted Stock Vesting dated 02/25/2024
Stock option exercise shares 675 shares Stock Option Exercise dated 11/11/2024
Restricted stock vesting shares (2025) 915 shares Restricted Stock Vesting dated 02/25/2025
Form 144 regulatory
"ALG has a Form 144 filing indicating a planned sale"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Vesting financial
"Common | 02/25/2024 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Stock Option Exercise financial
"Common | 11/11/2024 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

FAQ

What does ALG's latest Form 144 filing disclose?

ALG’s Form 144 discloses an intention to sell up to 2,715 shares of common stock through Fidelity Brokerage Services LLC on the NYSE with an aggregate market value of $446,368.72, related to existing and future equity compensation events.

How many ALG (ALG) shares are covered by this Form 144?

The Form 144 covers up to 2,715 shares of ALG common stock. This amount represents the maximum number of shares the reporting person indicates may be sold under this notice through Fidelity Brokerage Services LLC.

What is the aggregate market value of ALG shares in the Form 144?

The aggregate market value of ALG common shares covered is $446,368.72. This value corresponds to the 2,715 shares indicated, providing an overall dollar amount for the potential sale described in the notice.

Which broker is handling the potential ALG share sale in the Form 144?

The potential sale of ALG common stock is listed with Fidelity Brokerage Services LLC as broker, located at 900 Salem Street, Smithfield, RI 02917. The filing ties this broker to the planned sale of up to 2,715 shares.

What equity compensation events are referenced in ALG’s Form 144?

The filing references Restricted Stock Vesting on 02/25/2024 (1,125 shares) and 02/25/2025 (915 shares), and a Stock Option Exercise on 11/11/2024 (675 shares), indicating compensation-related sources of the shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature