Alamo Group EVP gets share grant, withholds for taxes
Alamo Group executive Richard Hodges Raborn, EVP Vegetation Management, reported equity compensation transactions in company common stock.
Rhea-AI Filing Summary
Alamo Group executive Richard Hodges Raborn, EVP Vegetation Management, reported equity compensation transactions in company common stock. He received a grant of 1,615 shares on February 26, 2026 at $0 per share, issued under the 2019 Equity Incentive Plan upon conversion of performance units after a three-year performance period. On the same day, 393 shares were disposed of at $213.09 per share, and on February 25, 2026, 257 shares were disposed of at $215.15 per share, both as tax-withholding dispositions rather than open-market sales. Following these transactions, he directly owned 12,433 shares.
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Insights
Routine equity award with tax withholding, neutral impact.
The transactions show Alamo Group awarding 1,615 common shares to EVP Richard Hodges Raborn under the 2019 Equity Incentive Plan, tied to a three-year performance period. This reflects standard long-term incentive practices based on the issuer's performance.
The two Form 4 code F entries, covering 393 shares at $213.09 and 257 shares at $215.15, are tax-withholding dispositions, not open-market selling. These events are administrative and do not signal discretionary buying or selling activity by the executive.
Overall, these entries mainly update direct ownership, which stands at 12,433 shares after the reported dispositions. They do not by themselves indicate a change in strategic outlook or in the executive’s confidence, and are best viewed as routine compensation and related tax settlement.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,615 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 393 | $213.09 | $84K |
| Exercise Price or Tax Liability | Common Stock | 257 | $215.15 | $55K |
Footnotes (1)
- F1. These securities were issued to the reporting person pursuant to the 2019 Equity Incentive Plan, which provided for the conversion of performance units into a number of shares of common stock based on the Issuer's performance over a three year designated performance period.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Alamo Group (ALG) EVP Richard Hodges Raborn acquire in this Form 4?
What equity plan is referenced in Richard Hodges Raborn’s Alamo Group (ALG) Form 4?
Do the Form 4 transactions for Alamo Group (ALG) indicate open-market buying or selling?
What is the role of Richard Hodges Raborn at Alamo Group (ALG) mentioned in the Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.