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ALG (NYSE: ALG) files Rule 144 notice; 499 shown, broker named

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

Rhea-AI Filing Summary

ALG submitted a Rule 144 notice to sell common stock. The filing lists 499 (figure shown) and identifies Fidelity Brokerage Services LLC as the broker. The excerpt also notes restricted stock vesting events of 352 shares on 05/10/2024 and 147 shares on 05/11/2024.

Positive

  • None.

Negative

  • None.

Insights

Routine Rule 144 notice listing a proposed resale and recent compensation vesting.

Rule 144 filings notify the market of an intended resale of restricted or control securities under resale conditions. The excerpt shows a broker (Fidelity Brokerage Services LLC) and numeric entries including 499, which appears in the securities section.

The excerpt also records restricted stock vesting of 352 on 05/10/2024 and 147 on 05/11/2024. Timing and resale conditions required for Rule 144 compliance are not detailed in the provided excerpt.

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 mean?

It notifies the market of an intended resale of restricted or control common shares. The excerpt lists a broker and numeric entries, indicating planned resale activity under Rule 144 procedures.

How many shares are referenced in the ALG excerpt?

The excerpt shows the number 499 in the securities section. It also records restricted stock vesting of 352 and 147 on 05/10/2024 and 05/11/2024, respectively.

Who is the broker handling the sale for ALG?

Fidelity Brokerage Services LLC is named in the excerpt. The filing lists an address and the broker alongside the securities information in the provided content.

Were any sales completed in the past three months per the excerpt?

The provided excerpt does not list transactions under "Securities Sold During The Past 3 Months." The section header appears but contains no sale entries in this excerpt.

Do the vesting events affect the resale under Rule 144?

Vested restricted shares can become eligible for resale subject to Rule 144 conditions. The excerpt records vesting of 352 and 147 shares, but resale eligibility specifics are not shown here.
Alamo Group Inc

NYSE:ALG

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Farm & Heavy Construction Machinery
Farm Machinery & Equipment
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United States
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