ALG Form 3 Filed: President & CEO Reports 10,988 Direct Shares
Rhea-AI Filing Summary
Robert Paul Hureau, identified as President & CEO and a director of Alamo Group, Inc. (ALG), reported ownership of 10,988 shares of the company's common stock in an initial Form 3 filing dated 09/02/2025. The filing shows the shares are held directly and lists no derivative securities or options. The report was signed by attorney-in-fact Carol Worthy on 09/03/2025. This Form 3 is an initial disclosure under Section 16, providing a public record of the reporting person's equity stake and confirming there are no listed derivative holdings.
Positive
- Initial Form 3 filed disclosing insider ownership, satisfying Section 16 public reporting requirements
- Direct ownership of 10,988 shares clearly stated with no derivative securities reported
Negative
- None.
Insights
TL;DR: Routine initial disclosure: executive holds 10,988 direct shares; no derivatives reported.
The Form 3 is a standard Section 16 filing establishing the officer/director's beneficial ownership. It identifies Robert Paul Hureau as both President & CEO and a director, and reports a direct holding of 10,988 common shares. The absence of derivative securities simplifies oversight of potential short-swing profit rules. The filing appears to meet basic disclosure objectives by creating a public record of the insider's stake; it does not, by itself, indicate any governance action or change.
TL;DR: Disclosure is informational and routine; 10,988 shares disclosed, no complex instruments involved.
This initial statement documents the insider position numerically and cleanly: 10,988 shares held directly with no options or convertible instruments reported. For investors and compliance teams, the clear reporting of direct holdings simplifies monitoring for Section 16 short-swing provisions. The filing contains no transaction pricing, acquisition method, or other financial detail that would affect valuation analysis.