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Alta Equipment (ALTG) CLO granted 17,261 performance stock units

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

Rhea-AI Filing Summary

Hoover Jeffrey Alan reported acquisition or exercise transactions in this Form 4 filing.

ALTA EQUIPMENT GROUP INC. Chief Legal Officer Jeffrey Alan Hoover reported an equity compensation award. He was granted 17,261 performance stock units under the company’s 2020 Omnibus Incentive Plan, with each unit representing one share of common stock. The units were earned on February 27, 2026 and will vest annually over two years starting on February 14, 2027, contingent on his continued employment. Following this award, Hoover directly holds 84,730 shares of common stock.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4UNITED 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*
Hoover Jeffrey Alan

(Last)(First)(Middle)
C/O ALTA EQUIPMENT GROUP
13211 MERRIMAN ROAD

(Street)
LIVONIA MICHIGAN 48150

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ALTA EQUIPMENT GROUP INC. [ ALTG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
03/03/2026
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)
CodeVAmount(A) or (D)Price
Common Stock(1)02/27/2026A17,261A(1)84,730D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The reporting person was granted performance stock units ("PSUs") under the Alta Equipment Group Inc. 2020 Omnibus Incentive Plan. Each PSU represents the right to receive one share of Common Stock. The PSUs were earned on February 27, 2026 and will vest annually over 2 years starting on February 14, 2027, subject to reporting person's continued employment with the Company.
Remarks:
This amendment is being filed to correct the number of PSUs granted, which was inadvertently reported as 15,692 on the Form 4 filed on March 3, 2026. The actual number of PSUs granted was 17,261 based on final performance results.
Jeff Hoover03/25/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did ALTG’s Chief Legal Officer report on this Form 4/A?

Jeffrey Alan Hoover, ALTG’s Chief Legal Officer, reported receiving an equity compensation award of 17,261 performance stock units. The award was granted under Alta Equipment Group Inc.’s 2020 Omnibus Incentive Plan and represents potential delivery of an equal number of common shares.

How many Alta Equipment (ALTG) shares are tied to Jeffrey Hoover’s new award?

The award consists of 17,261 performance stock units, each representing the right to receive one share of ALTG common stock. These units were earned on February 27, 2026 and will convert into shares only as they vest over the stated schedule.

When do Jeffrey Hoover’s 17,261 ALTG performance stock units vest?

The performance stock units were earned on February 27, 2026 and will vest annually over two years beginning on February 14, 2027. Vesting is conditioned on Hoover’s continued employment with Alta Equipment Group Inc. through the applicable vesting dates specified in the grant.

Did Alta Equipment’s Chief Legal Officer buy ALTG shares on the open market?

No, the filing shows a compensation-related grant, not an open-market purchase. Jeffrey Hoover received 17,261 performance stock units at no stated purchase price under the 2020 Omnibus Incentive Plan, classified as a grant or award acquisition rather than a market transaction.

How many Alta Equipment (ALTG) shares does Jeffrey Hoover hold after this grant?

After this equity award, Jeffrey Hoover is reported to hold 84,730 shares of ALTG common stock directly. This figure reflects his position immediately following the grant of 17,261 performance stock units, as disclosed in the Form 4/A transaction details.

What plan governs the performance stock unit grant reported by ALTG’s CLO?

The 17,261 performance stock units granted to Jeffrey Hoover were issued under the Alta Equipment Group Inc. 2020 Omnibus Incentive Plan. This plan provides for stock-based compensation awards, including performance stock units that convert into common shares upon meeting vesting and employment conditions.
Alta Equipment Group Inc

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173.59M
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Rental & Leasing Services
Wholesale-industrial Machinery & Equipment
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United States
LIVONIA