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Alamo Group (ALG) VP receives stock award, uses shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Alamo Group Inc. vice president Lori L. Sullivan reported equity award activity and related tax withholding in company stock. On February 26, 2026 she acquired 324 shares of common stock at $0 per share as a grant or award under the 2019 Equity Incentive Plan, following conversion of performance units based on a three-year performance period.

On the same day she disposed of 96 shares at $213.09 per share, and on February 25, 2026 she disposed of 55 shares at $215.15 per share, both described as payments of tax liability by delivering securities rather than open-market sales. After these transactions, she directly owned 4,300 shares of Alamo Group common stock.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Sullivan Lori L

(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)
VP, Internal Audit
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 55 D $215.15 4,072 D
Common Stock 02/26/2026 A 324(1) A $0 4,396 D
Common Stock 02/26/2026 F 96 D $213.09 4,300 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 3 filed by the reporting person on May 9, 2019)
/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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Alamo Group (ALG) executive Lori Sullivan report in this Form 4?

Lori L. Sullivan reported a stock award and related tax dispositions. She received 324 shares of Alamo Group common stock, then delivered 151 shares in total to cover tax liabilities associated with the equity award.

How many Alamo Group (ALG) shares did Lori Sullivan acquire?

She acquired 324 shares of Alamo Group common stock as a grant or award. The shares were issued at no cash cost to her under the 2019 Equity Incentive Plan after performance units converted based on a three-year performance period.

Why did Lori Sullivan dispose of Alamo Group (ALG) shares in this filing?

The filing describes both dispositions as payments of tax liability by delivering securities. That means 96 shares and 55 shares were surrendered to satisfy withholding taxes on her equity award, not sold in open-market trading for investment purposes.

At what prices were Lori Sullivan’s Alamo Group (ALG) tax-share dispositions valued?

The 96-share tax disposition on February 26, 2026, was valued at $213.09 per share. The 55-share tax disposition on February 25, 2026, was valued at $215.15 per share, reflecting the share values used for tax withholding calculations.

How many Alamo Group (ALG) shares does Lori Sullivan own after these transactions?

After the grant and tax-related share deliveries, Lori L. Sullivan directly owns 4,300 shares of Alamo Group common stock. This figure reflects her updated direct beneficial ownership reported as of the last transaction date in the Form 4.

What plan governed Lori Sullivan’s Alamo Group (ALG) stock award?

The shares were issued under Alamo Group’s 2019 Equity Incentive Plan. The plan converted performance units into common shares based on the issuer’s performance over a designated three-year period, aligning the award with longer-term company results.
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Farm & Heavy Construction Machinery
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SEGUIN