Alamo Group (ALG) EVP granted 1,421 shares; stock withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alamo Group Inc. executive Edward Rizzuti, EVP of Corporate Development, Investor Relations and Secretary, received a grant of 1,421 shares of common stock on February 26, 2026 under the 2019 Equity Incentive Plan, converting performance units based on a three-year performance period. To cover tax obligations, 346 shares were disposed of on February 26 at $213.09 per share and 224 shares on February 25 at $215.15 per share through tax-withholding dispositions. After these transactions, Rizzuti directly owned 9,760 shares of Alamo Group common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Rizzuti Edward
Role
EVP, Corp Dev, IR & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,421 | $0.00 | -- |
| Tax Withholding | Common Stock | 346 | $213.09 | $74K |
| Tax Withholding | Common Stock | 224 | $215.15 | $48K |
Holdings After Transaction:
Common Stock — 10,106 shares (Direct)
Footnotes (1)
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FAQ
What did ALG executive Edward Rizzuti report in this Form 4 filing?
Edward Rizzuti reported receiving a grant of 1,421 shares of Alamo Group (ALG) common stock and related tax-withholding dispositions. These transactions reflect equity compensation and associated share withholding to satisfy tax liabilities, not open-market share purchases or sales.
What plan governed Edward Rizzuti’s ALG stock grant?
The stock grant was issued under Alamo Group’s 2019 Equity Incentive Plan. This plan allowed performance units to convert into shares of common stock, with the actual number of shares based on the company’s performance over a three-year designated performance period.
Were any of Edward Rizzuti’s ALG transactions open-market buys or sells?
No open-market buys or sells were reported. The Form 4 shows one acquisition coded as an equity grant and two dispositions coded as tax-withholding transactions, where shares were delivered to cover tax obligations tied to the equity award.