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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 6,053 | $211.46 | $1.28M |