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Alta Equipment Group Inc. 8-K Filings

ALTG NYSE

Every 8-K that Alta Equipment Group Inc. (ALTG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow ALTG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ALTG filings page.

Rhea-AI Summary

Alta Equipment Group Inc. (ALTG) declared a quarterly dividend of $625 per outstanding Series A Cumulative Perpetual Preferred Stock share, equivalent to $0.625 per depositary share, which represents a 1/1000th fractional interest in a preferred share. The dividend is payable October 30, 2026, to shareholders of record at the close of business on October 15, 2026.

Rhea-AI Summary

Alta Equipment Group Inc. reported second quarter 2026 results with total revenues of $475.5 million, down $5.7 million, or 1.2%, from the prior-year quarter, but up $65.0 million sequentially as all three segments grew. On an organic basis, revenues decreased slightly by $1.1 million, or 0.2%, year over year. Gross profit was $124.2 million, up modestly from $122.3 million, while net loss available to common stockholders was $(8.2) million, or $(0.25) per basic and diluted share. Adjusted EBITDA was $48.6 million, essentially flat year over year and $20.5 million higher than the first quarter. Interest expense was $19.5 million, $2.8 million lower year over year, and net cash provided by operating activities year to date was $26.1 million.

As of June 30, 2026, total assets were $1,322.5 million, total debt was $1,085.7 million, adjusted total net debt and floor plan payables was $810.6 million, and stockholders’ equity reflected a deficit of $(36.2) million. For full year 2026, Alta now expects Adjusted EBITDA between $167.5 million and $177.5 million. Separately, the board elected David Turner as a Class II director, effective August 3, 2026, with a term expiring at the 2028 annual meeting; he will receive cash and equity compensation under the non-employee director program.

Rhea-AI Summary

Alta Equipment Group Inc. announced that its Board of Directors has declared a quarterly dividend of $625 per share on its 10% Series A Cumulative Perpetual Preferred Stock. Because each Depositary Share represents a 1/1000th interest in one preferred share, this equals a dividend of $0.625 per Depositary Share trading under the symbol ALTG PRA on the New York Stock Exchange.

The dividend will be paid on July 31, 2026 to shareholders of record as of the close of business on July 15, 2026. This action provides cash income to holders of the company’s preferred securities while leaving the company’s common stock unaffected by this specific dividend declaration.

Rhea-AI Summary

Alta Equipment Group Inc. held its annual stockholder meeting, where investors voted on directors, auditor ratification, executive pay and an incentive plan amendment. Three Class II directors were elected for two-year terms. Ryan Greenawalt received 22,751,721 votes for, with 629,343 abstentions and 4,614,578 broker non-votes.

Stockholders ratified Deloitte & Touche LLP as independent auditor for 2026 with 27,615,942 votes for and 378,905 against. In a non-binding advisory vote, executive compensation was approved with 22,808,254 votes for and 569,464 against. The first amendment to the 2020 Omnibus Incentive Plan was also approved, with 14,055,464 votes for and 8,761,489 against.

Rhea-AI Summary

Alta Equipment Group reported softer first quarter 2026 results but stronger cash generation. Total revenues were $410.5 million, down 3.0% from $423.0 million a year earlier, as new and used equipment sales declined to $206.9 million and rental revenues eased to $38.6 million. Material Handling revenues were $150.5 million and Construction Equipment and Master Distribution revenues combined were $261.4 million. Gross profit slipped to $109.3 million from $115.0 million, while selling, general and administrative expenses edged up to $108.2 million.

The company posted a net loss available to common stockholders of $20.3 million, or $0.62 per basic and diluted share, compared with a $21.7 million loss and $0.65 per share last year. Adjusted EBITDA fell to $28.1 million from $33.6 million, a 16.4% decline. Despite the loss, net cash provided by operating activities improved markedly to $20.8 million from a $17.5 million use of cash in the prior-year quarter, helped by $30.2 million of rental equipment sales, up 44.5% year over year. Alta ended March 31, 2026 with $23.9 million of cash and total assets of $1.33 billion, and updated full-year 2026 Adjusted EBITDA guidance to a range of $167.5 million to $182.5 million.

Rhea-AI Summary

Alta Equipment Group Inc. announced that its Board of Directors approved a quarterly dividend of $625 per share on its 10% Series A Cumulative Perpetual Preferred Stock. Each Depositary Share, which represents a 1/1000th interest in one preferred share, will receive a $0.625 dividend.

The dividend will be paid on April 30, 2026 to shareholders of record as of April 15, 2026. The Depositary Shares trade on the New York Stock Exchange under the symbol ALTG PRA.

Rhea-AI Summary

Alta Equipment Group reported mixed fourth quarter and full-year 2025 results, with modest growth in equipment sales but deeper losses. Fourth quarter revenue rose 2.2% year over year to $509.1 million, driven by a 4.8% increase in new and used equipment sales to $300.9 million, while Adjusted EBITDA was essentially flat at $40.6 million. However, the quarter still produced a net loss available to common stockholders of $12.5 million, compared with a $11.4 million loss in 2024.

For 2025, total revenue declined 2.2% to $1,835.9 million, with rental-related revenues down and product support roughly stable. The full-year net loss available to common stockholders widened to $83.3 million from $65.1 million, while Adjusted EBITDA slipped 2.3% to $164.4 million. Alta’s balance sheet showed $1,066.1 million of total debt and stockholders’ equity of $(8.8) million, indicating negative equity at year-end 2025. Management highlighted record quarterly equipment sales, cost reductions, and inventory and credit line reductions in the fourth quarter, and issued 2026 Adjusted EBITDA guidance of $172.5–$187.5 million, signaling expectations for improved profitability.

Rhea-AI Summary

Alta Equipment Group Inc. entered into a Cooperation Agreement with Mill Road Capital III, L.P. that gives Mill Road the right to appoint one observer to attend meetings of the Board of Directors and its committees and participate in discussions. Mill Road initially named Deven Petito as the board observer under a separate Board Observer Agreement, both dated January 21, 2026 and unanimously approved by the Board. The Cooperation Agreement runs until fifteen business days before the deadline in Alta’s bylaws for director nominations and stockholder proposals for the 2027 annual meeting, unless it ends earlier. Mill Road currently owns approximately 13.4% of Alta’s outstanding common stock.

Rhea-AI Summary

Alta Equipment Group Inc. reported a leadership change within its Material Handling segment. Effective December 31, 2025, Craig Brubaker entered into a new agreement to serve as the segment's Chief Operating Officer while no longer serving as an executive officer or Section 16 officer of the company under the Securities Exchange Act of 1934.

The new employment agreement, filed as Exhibit 10.1, provides Mr. Brubaker with base salary, bonus eligibility and certain severance payments under Section 9, conditioned on his compliance with the agreement’s terms. His role continues to focus on operating leadership of the Material Handling segment rather than company-level executive responsibilities.

Rhea-AI Summary

Alta Equipment Group Inc. disclosed that its Board of Directors has declared a dividend of $625 per share on its outstanding 10% Series A Cumulative Perpetual Preferred Stock. Because each depositary share represents a 1/1000th interest in one preferred share, this equals a $0.625 dividend per depositary share, which trades on the New York Stock Exchange under the symbol “ALTG PRA”. The dividend has a record date of January 15, 2026 and will be paid on January 30, 2026 to holders of the preferred stock through the depositary shares.

Rhea-AI Summary

Alta Equipment Group Inc. (ALTG) furnished a press release announcing its results of operations and financial condition for the quarter ended September 30, 2025. The release is provided as Exhibit 99.1.

The information under Item 2.02, including Exhibit 99.1, is being furnished and is not deemed filed under the Exchange Act or incorporated by reference, except as expressly set forth in a future filing.

The company’s securities listed include common stock (ALTG) and depositary shares for its 10% Series A preferred (ALTG PRA) on the NYSE.

Rhea-AI Summary

Alta Equipment Group Inc. reported that its Board of Directors declared a cash dividend on its 10% Series A Cumulative Perpetual Preferred Stock. Holders of this preferred stock will receive $625 per share, with a record date of October 15, 2025 and a payment date of October 31, 2025. Because each Depositary Share represents a 1/1000th interest in one share of the Series A Preferred, this equals a dividend of $0.625 per Depositary Share, which trades on the New York Stock Exchange under the symbol “ALTG PRA”.