ALG insider files Form 144 to sell 2,928 common shares via Fidelity
Rhea-AI Filing Summary
Alamo Group, Inc. (ALG) submitted a Form 144 proposing the sale of 2,928 shares of common stock through Fidelity Brokerage Services LLC. The filing lists an aggregate market value of $621,170.08 and reports 12,110,910 shares outstanding, with an approximate sale date of 08/21/2025 on the NYSE. The 2,928 shares match the acquisition history reported: option exercises and restricted stock vesting between 2020 and 2024, with purchases or settlements described as cash or compensation. The filer certifies they are unaware of any undisclosed material adverse information and includes the standard legal attestation required by Rule 144 notice filings.
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Insights
TL;DR: Routine Rule 144 filing showing an insider sale of 2,928 shares, disclosed as required; no new financial data provided.
The filing documents a proposed sale under Rule 144 of 2,928 common shares via Fidelity Brokerage Services with an aggregate market value of $621,170.08 and an approximate trade date of 08/21/2025. The record of acquisitions shows the shares derive from option exercises and restricted stock vesting between 2020 and 2024 and were settled with cash or as compensation. This Form 144 is a standard compliance disclosure rather than an operational or financial update; it does not include earnings, guidance, or other metrics that would materially change an investment thesis.
TL;DR: Compliance-focused disclosure of proposed insider sale; attestation included, no governance event reported.
The notice includes the required attestation that the selling person does not possess undisclosed material adverse information and specifies the broker, share count, and provenance of the shares (options and vesting). The filing fulfills regulatory obligations for insider sales reporting. There are no statements of plan adoption dates or 10b5-1 plan instructions in the text, and no prior sales in the past three months were reported. From a governance perspective, the document is procedural and does not indicate a change in control, director resignation, or other governance actions.