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ALG (NYSE: ALG) Form 144 shows proposed disposition of 600 common shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

ALG reports proposed dispositions of Common stock totaling 600 shares. The filing lists 400 shares tied to 02/25/2024 restricted stock vesting and 200 shares tied to a 11/11/2024 stock option exercise. The broker listed is Fidelity Brokerage Services LLC.

Positive

  • None.

Negative

  • None.

Insights

Routine Rule 144 notice showing small, planned dispositions of common stock.

The Form 144 excerpt lists 600 shares linked to two events: a 02/25/2024 restricted stock vesting for 400 shares and a 11/11/2024 stock option exercise for 200 shares. The broker named is Fidelity Brokerage Services LLC.

These items are procedural filings to report proposed dispositions under transfer rules. Cash‑flow treatment and whether the shares were actually sold are not stated in the excerpt; subsequent trade reporting would confirm execution.

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

FAQ

What does ALG's Form 144 report?

The Form 144 reports proposed dispositions of 600 Common shares, including 400 shares from restricted stock vesting and 200 shares from an option exercise, with Fidelity Brokerage Services LLC listed as broker.

When are the events tied to the shares dated in the ALG filing?

The filing ties 400 shares to restricted stock vesting on 02/25/2024 and 200 shares to a stock option exercise on 11/11/2024, as shown in the excerpt.

Does the Form 144 confirm the shares were sold for ALG?

No. The Form 144 excerpt lists proposed dispositions under Rule 144 but does not confirm execution or show sale proceeds; later transaction reports would disclose whether sales occurred and for what consideration.

Who is the broker listed on the ALG Form 144?

The broker named in the excerpt is Fidelity Brokerage Services LLC at the address shown, which is listed alongside the securities and the total of 600 shares reported for disposition.
Alamo Group Inc

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