Alamo Group (ALG) EVP awarded shares, disposes some for tax withholding

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.

Insights

Equity compensation analyst

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Raborn Richard Hodges

(Last) (First) (Middle)

1627 E WALNUT ST

(Street)

SEGUIN TX 78155

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ALAMO GROUP INC [ ALG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP Vegetation Management

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/25/2026		F		257	D	$215.15	11,211	D
Common Stock	02/26/2026		A		1,615(1)	A	$0	12,826	D
Common Stock	02/26/2026		F		393	D	$213.09	12,433	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

Remarks:

Ex. 24 - Power of Attorney (incorporated by reference to the Power of Attorney filed as Exhibit 24 to the Form 4 filed by the reporting person on May 11, 2016)

	/s/ Carol Worthy, attorney-in-fact	02/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What did Alamo Group (ALG) EVP Richard Hodges Raborn acquire in this Form 4?

He acquired 1,615 shares of Alamo Group common stock with a price of $0 per share. The shares were issued under the 2019 Equity Incentive Plan by converting performance units after a three-year performance period based on the company’s performance.

Why were some Alamo Group (ALG) shares disposed of in Richard Hodges Raborn’s Form 4?

The filing reports two dispositions totaling 650 shares coded F, which indicates tax-withholding dispositions. These 393- and 257-share transactions at $213.09 and $215.15 per share were used to satisfy tax obligations, not discretionary open-market sales.

What equity plan is referenced in Richard Hodges Raborn’s Alamo Group (ALG) Form 4?

The shares were issued under Alamo Group’s 2019 Equity Incentive Plan. A footnote explains that performance units converted into common stock based on the issuer’s performance over a designated three-year period, illustrating long-term incentive alignment with company results.

How many Alamo Group (ALG) shares does Richard Hodges Raborn own after these transactions?

After the reported grant and tax-withholding dispositions, his direct ownership stands at 12,433 shares of Alamo Group common stock. This figure reflects the balance following the February 25 and February 26, 2026 Form 4 transactions disclosed in the filing data.

Do the Form 4 transactions for Alamo Group (ALG) indicate open-market buying or selling?

No open-market buying or selling is shown. The 1,615-share entry is a grant under the 2019 Equity Incentive Plan, while the two F-coded transactions are tax-withholding dispositions, where shares are delivered to cover tax liabilities rather than sold on the open market.

What is the role of Richard Hodges Raborn at Alamo Group (ALG) mentioned in the Form 4?

He is identified as an officer with the title EVP Vegetation Management. The reported equity grant and tax-withholding dispositions relate to his executive compensation, reflecting how senior leaders at Alamo Group participate in the company’s long-term incentive programs.