Alamo Group insider sale: 6,053 ALG shares disposed by CEO
Rhea-AI Filing Summary
Leonard Jeffery Allen, who serves as a Director and President & CEO of Alamo Group, Inc. (ALG), reported the disposition of 6,053 shares of ALGM common stock on 09/02/2025 at a reported price of $211.46 per share. After this transaction he is reported to beneficially own 32,360 shares. The Form 4 was signed by an attorney-in-fact on 09/03/2025.
Positive
- None.
Negative
- Reported disposition of 6,053 shares reduces the reporting person's beneficial holdings to 32,360 shares
Insights
TL;DR: Officer/director sale of 6,053 shares at $211.46 reduces reported holdings to 32,360 shares; appears to be a routine insider disposition.
The report documents a single non-derivative disposition by the company's President & CEO and director. The transaction size and resulting ownership are explicitly stated; no additional trading context, 10b5-1 plan notation, or proceeds usage is provided in the filing. From a financial-monitoring standpoint, this is a clear, discrete disclosure of insider sales required by Section 16.
TL;DR: Form 4 records an insider sale by a named reporting person; filing is compliant in format and includes attorney-in-fact signature.
The filing identifies the reporting person, relationship to the issuer, transaction date, amount sold, sale price, and post-transaction beneficial ownership. It is signed by an attorney-in-fact. The document does not include explanatory remarks about the rationale for the sale, any trading plan reference checked, or whether the sale was pursuant to a pre-existing plan beyond the form's checkboxes. All required Form 4 fields present in the submission are completed.
FAQ
What transaction did Leonard Jeffery Allen report on Form 4 for ALG?
How many ALAMO GROUP INC (ALG) shares does the reporting person own after the reported transaction?
What is the reporting person's role at ALG according to the Form 4?
When was the Form 4 signed and by whom?
Does the filing disclose any derivative transactions or trading plan details?