Alamo Group (NYSE: ALG) appoints Greg Lucas as chief accounting officer

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Alamo Group Inc. appointed Greg Lucas as Vice President, Corporate Controller and Chief Accounting Officer, where he will serve as the company’s principal accounting officer. He is expected to start on or before August 10, 2026, replacing Agnes Kamps in the PAO role while she remains Executive Vice President and CFO.

Lucas, age 50, previously held senior accounting and finance roles at Thermon Group, BNSF Railway, Intertek, Air Liquide and other firms, and holds degrees from East Texas Baptist University and Texas A&M University. His compensation package includes a $335,000 annual base salary, eligibility in the Executive Incentive Plan at the 40% level (pro-rated for 2026 with payouts between 0% and 200% of target based on performance), and initial restricted stock awards with a grant-date value of $200,000, also pro-rated for 2026. In 2027, he is expected to receive equity awards with an aggregate grant-date value of $200,000, split evenly between performance share units and restricted stock, plus standard executive benefits and a change in control agreement in the company’s usual form.

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, and exhibit attachments filed with this report.

Key Figures

Annual base salary: $335,000 Executive Incentive Plan target level: 40% of base salary Incentive payout range: 0%–200% of target +4 more

7 metrics

Annual base salary $335,000 Compensation for Greg Lucas as VP, Corporate Controller and CAO

Executive Incentive Plan target level 40% of base salary Bonus opportunity for Greg Lucas, pro-rated for 2026

Incentive payout range 0%–200% of target Performance-based payout range under Executive Incentive Plan

Initial 2026 restricted stock awards $200,000 grant-date value Equity awards for Greg Lucas, pro-rated based on start date

2027 annual equity awards $200,000 grant-date value 50/50 split between performance share units and restricted stock in 2027

Employment start deadline On or before August 10, 2026 Anticipated employment commencement for Greg Lucas

Executive’s age 50 years Age of Greg Lucas at time of appointment

Key Terms

Vice President, Corporate Controller and Chief Accounting Officer, principal accounting officer, Executive Incentive Plan, performance share units, +1 more

5 terms

Vice President, Corporate Controller and Chief Accounting Officer financial

"Greg Lucas, 50, accepted an offer of employment ... for the role of Vice President, Corporate Controller and Chief Accounting Officer."

principal accounting officer financial

"Mr. Lucas will serve as the Company’s principal accounting officer (“PAO”) in his role, replacing Agnes Kamps as PAO."

The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.

Executive Incentive Plan financial

"Mr. Lucas will be eligible to participate in the Company’s Executive Incentive Plan at the 40% level, pro-rated for 2026..."

change in control agreement financial

"Mr. Lucas will enter into a change in control agreement with the Company in the form generally applicable to executive officers of the Company..."

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Available on EDGAR 07/08/2026 - 04:06 PM Accepted by SEC EDGAR 07/08/2026 - 04:06 PM

FAQ

What executive role is Greg Lucas taking at Alamo Group (ALG)?

Greg Lucas will serve as Vice President, Corporate Controller and Chief Accounting Officer, acting as Alamo Group’s principal accounting officer. He replaces Agnes Kamps in the PAO role while she continues as Executive Vice President and Chief Financial Officer.

When will Greg Lucas begin his position at Alamo Group (ALG)?

Greg Lucas is anticipated to begin his employment with Alamo Group on or before August 10, 2026. This timing frames when he will assume responsibilities as Vice President, Corporate Controller and Chief Accounting Officer for the company.

What is Greg Lucas’s base salary at Alamo Group (ALG)?

Greg Lucas will receive an annual base salary of $335,000. This salary is complemented by participation in Alamo Group’s Executive Incentive Plan, equity awards, and standard executive benefit programs available to the company’s senior officers.

How is Greg Lucas’s bonus opportunity structured at Alamo Group (ALG)?

Greg Lucas will be eligible to participate in the Executive Incentive Plan at the 40% level, pro-rated for 2026. Actual payouts can range from 0% to 200% of the target amount, depending on how performance measures are achieved for the year.

What equity awards will Greg Lucas receive from Alamo Group (ALG)?

Greg Lucas is expected to receive initial restricted stock awards with a $200,000 grant-date value, pro-rated for 2026. In 2027, he is expected to receive $200,000 in equity awards split evenly between performance share units and restricted stock awards.

What prior experience does Greg Lucas bring to Alamo Group (ALG)?

Greg Lucas most recently served as Vice President, Chief Accounting Officer and Chief Financial Officer of Thermon Group. He previously held senior accounting roles at BNSF Railway, Intertek, Air Liquide and other firms, providing substantial financial leadership experience.

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): July 5, 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

On July 5, 2026, Greg Lucas, 50, accepted an offer of employment with Alamo Group Inc. (the “Company”) for the role of Vice President, Corporate Controller and Chief Accounting Officer. Mr. Lucas is anticipated to begin his employment with the Company on or before August 10, 2026. Mr. Lucas will serve as the Company’s principal accounting officer (“PAO”) in his role, replacing Agnes Kamps as PAO. Ms. Kamps will continue in her role as Executive Vice President and Chief Financial Officer of the Company and principal financial officer of the Company.

Mr. Lucas most recently served as Vice President, Chief Accounting Officer and Chief Financial Officer of Thermon Group, where Mr. Lucas has been employed since 2020, first as Corporate Controller and then as interim Chief Financial Officer before serving in his most recent role. Thermon Group was one of the largest providers of highly engineered industrial process heating solutions for process industries before recently being acquired by CECO Environmental Corp. Mr. Lucas served as Assistant Corporate Controller at BNSF Railway from 2019 to 2020, and as Controller, Americas Region with Intertek from 2017 to 2019. Mr. Lucas has also held roles with Air Liquide, Technology Partners International, Inc., and KPMG, LLP. Mr. Lucas holds a Bachelor of Business Administration, Accounting and Economics from East Texas Baptist University and a MBA from Texas A&M University.

Mr. Lucas will receive an annual base salary of $335,000.00. Mr. Lucas will be eligible to participate in the Company’s Executive Incentive Plan at the 40% level, pro-rated for 2026, with the amount of the payouts currently ranging from 0% to 200% of target based on performance. Mr. Lucas is expected to receive initial restricted stock awards with an aggregate grant-date value equivalent to $200,000.00 that will be prorated for 2026 based on Mr. Lucas’s actual start date of employment. In 2027, Mr. Lucas is expected to receive equity awards with aggregate grant-date value equivalent to $200,000.00 in the form of a 50/50 split of performance share units and restricted stock awards. Mr. Lucas will enter into a change in control agreement with the Company in the form generally applicable to executive officers of the Company, as filed as an exhibit to the Company’s most recent Annual Report on Form 10-K. Mr. Lucas will also be eligible to participate in benefit plans generally offered to the Company’s executive officers, including a 401(k) plan and medical, dental, disability, life and dependent life insurance coverage. Mr. Lucas’s employment with the Company is contingent upon passing the Company’s usual pre-employment screenings.

The Company is not aware of any related party transactions between Mr. Lucas, on the one hand, and the Company, on the other hand, subject to disclosure pursuant to Item 404(a) of Regulation S-K.

Item 9.01 Financial Statements and Exhibits

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.


July 8, 2026			By: /s/ Andrew Sefzik
			Andrew Sefzik,
			Vice President, General Counsel & Secretary

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

3 documents