Alta Equipment CLO awarded 17,261 performance shares
Hoover Jeffrey Alan reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,261 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ALTG’s Chief Legal Officer report on this Form 4/A?
When do Jeffrey Hoover’s 17,261 ALTG performance stock units vest?
What plan governs the performance stock unit grant reported by ALTG’s CLO?
AI-generated analysis. How Rhea-AI works. Not financial advice.