Alamo Group EVP Raborn to retire with $536K package

Alamo Group Inc. reports that Richard H. Raborn, Executive Vice President of its Vegetation Management Division, will retire from the company on May 29, 2026.

Rhea-AI Filing Summary

Alamo Group Inc. reports that Richard H. Raborn, Executive Vice President of its Vegetation Management Division, will retire from the company on May 29, 2026. His departure is stated not to result from any disagreement over operations, financial reporting, or accounting practices.

Under a separation letter agreement, and subject to his release of claims, Mr. Raborn will receive payments and benefits after his last day of employment, including an amount equal to his current base salary of $536,000, paid in substantially equal installments over the 12 months following his departure. The full Separation Agreement is filed as Exhibit 10.1.

8-K Event Classification

2 items: 5.02, 9.01

2 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Severance amount: $536,000 Severance period: 12 months Retirement date: May 29, 2026

3 metrics

Severance amount $536,000 Equal to EVP Richard Raborn’s current base salary under separation agreement

Severance period 12 months Installment payments following last date of employment

Retirement date May 29, 2026 Last day of employment for EVP Vegetation Management Division

Key Terms

Separation Agreement, release of claims, Emerging growth company, Inline XBRL

4 terms

Separation Agreement financial

"The foregoing description of the Agreement is qualified in its entirety by reference to the full text of the Agreement, which is filed hereto as Exhibit 10.1."

A separation agreement is a written contract that spells out the financial and legal terms when an employee and a company part ways, such as final pay, severance, continued benefits, confidentiality, and any release of claims. For investors, it matters because these agreements determine immediate costs, potential future liabilities, and whether departing staff are restricted from competing or disclosing information—factors that can affect a company’s cash flow, risk profile, and leadership continuity.

release of claims financial

"Pursuant to the Agreement, subject to release of claims by Mr. Raborn, Mr. Raborn will be entitled to certain payments and benefits after his last day of employment"

Emerging growth company regulatory

"Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Inline XBRL technical

"Exhibit 104 – Cover Page Interactive Data File - Inline XBRL for the cover page"

Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What leadership change did Alamo Group (ALG) disclose in this 8-K?

Alamo Group disclosed that Richard H. Raborn, Executive Vice President of its Vegetation Management Division, will retire on May 29, 2026. This marks a planned executive transition within a key operating division rather than an unplanned or disputed departure.

When is Alamo Group EVP Richard Raborn scheduled to retire?

Richard H. Raborn is scheduled to retire from Alamo Group on May 29, 2026. After this date, he will no longer serve as Executive Vice President of the Vegetation Management Division but will receive agreed separation payments over the following year.

What severance payments will Alamo Group’s EVP Raborn receive?

Subject to a release of claims, Richard H. Raborn will receive an amount equal to his current base salary of $536,000. This will be paid in substantially equal installments under normal payroll practices over the twelve months after his last employment date.

Is Richard Raborn’s retirement from Alamo Group related to any dispute?

The company states that Richard Raborn’s separation is not the result of any disagreement regarding operations, financial reporting, or accounting practices. This indicates the retirement is being treated as an orderly transition, not driven by internal conflicts or governance issues.

Where can investors see the full terms of Raborn’s separation from ALG?

Investors can review the full terms in the Separation Agreement filed as Exhibit 10.1. The company’s brief description of the arrangement is expressly qualified by that document, which governs the detailed conditions of his post-employment payments and benefits.

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

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Accepted by SEC EDGAR 05/19/2026 - 04:11 PM EDT Learn about SEC filing dates

FALSE000089707700008970772026-05-142026-05-14

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): May 14, 2026

Alamo Group Inc.

(Exact name of registrant as specified in its charter)

 

State of Delaware			0-21220			74-1621248
(State or other jurisdiction of incorporation)			(Commission File No.)			(IRS Employer Identification No.)

  

1627 E. Walnut, Seguin, Texas						78155
(Address of Registrant’s principal executive offices)						(Zip Code)

			(830) 379-1480
Registrant's telephone number, including area code:
Securities registered pursuant to Section 12(b) of the Act:
Title of each class			Trading symbol(s)			Name of each exchange on which registered
Common Stock, par value $.10 per share			ALG			New York Stock Exchange

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))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of

the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of

1934 (§240.12b-2 of this chapter).Emerging growth company ☐ 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the

extended transition period for complying with any new or revised financial accounting standards provided

pursuant to Section 13(a) of the Exchange Act. ☐ 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Richard H. Raborn, the Executive Vice President of the Vegetation Management Division of Alamo Group Inc. (the “Company”), will be retiring from the Company on May 29, 2026. The Company and Mr. Raborn entered into a letter agreement (“Agreement”) regarding Mr. Raborn’s retirement and separation from the Company. Pursuant to the Agreement, subject to release of claims by Mr. Raborn, Mr. Raborn will be entitled to certain payments and benefits after his last day of employment, including an amount equal to his current base salary of $536,000, payable in substantially equal installments in accordance with the Company’s payroll practices over the twelve-month period following Mr. Raborn’s last date of employment. Mr. Raborn’s separation is not the result of any disagreement regarding the Company’s operations, financial reporting, or accounting practices.

The foregoing description of the Agreement is qualified in its entirety by reference to the full text of the Agreement, which is filed hereto as Exhibit 10.1.

Item 9.01    Financial Statements and Exhibits

Exhibit 10.1 – Separation Agreement

Exhibit 104 – Cover Page Interactive Data File - Inline XBRL for the cover page of this Current Report on Form 8-K

SIGNATURES

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.

 

May 19, 2026			By:  /s/ Edward T. Rizzuti
			Edward T. Rizzuti,
			EVP Corporate Development, Investor Relations & Secretary

Filing Exhibits & Attachments

4 documents

Agreements & Contracts

• EX-10.1 EX-10.1 75.8 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.7 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 21.4 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 12.2 KB