Alta Equipment (NYSE: ALTG) CLO granted PSUs and RSUs in Form 4

Rhea-AI Filing Summary

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

Alta Equipment Group's Chief Legal Officer, Jeffrey Alan Hoover, reported equity awards of company stock. He was granted 15,692 performance stock units and 24,956 restricted stock units, each convertible into one common share. The PSUs were earned on February 27, 2026 and will vest annually over two years, while the RSUs will vest annually over three years, both starting on February 14, 2027, subject to his continued employment.

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

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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 MI 48150

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ALTA EQUIPMENT GROUP INC. [ ALTG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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(1)	02/27/2026		A		15,692	A	(1)	58,205	D
Common Stock(2)	02/27/2026		A		24,956	A	(2)	83,161	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. 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.

2. The reporting person was granted restricted stock units ("RSUs") under the Alta Equipment Group Inc. 2020 Omnibus Incentive Plan. Each RSU represents the right to receive one share of Common Stock. The RSUs will vest annually over 3 years starting on February 14, 2027, subject to reporting person's continued employment with the Company.

	Jeff Hoover	03/03/2026
	** Signature of Reporting Person	Date
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FAQ

What did ALTA EQUIPMENT GROUP INC. (ALTG) disclose about Jeffrey Hoover in this Form 4?

The filing shows Chief Legal Officer Jeffrey Alan Hoover received equity awards in Alta Equipment Group common stock. He was granted performance stock units and restricted stock units that convert into shares over time, aligning part of his compensation with the company’s long-term performance.

How many ALTG shares are tied to Jeffrey Hoover’s new equity awards?

Jeffrey Hoover was granted 15,692 performance stock units and 24,956 restricted stock units. Each unit represents the right to receive one share of Alta Equipment Group common stock, resulting in a total of 40,648 potential shares if all awards vest according to their terms.

What are the vesting terms of Jeffrey Hoover’s performance stock units in ALTG?

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

When will Jeffrey Hoover’s restricted stock units in ALTG start vesting?

Jeffrey Hoover’s restricted stock units will begin vesting on February 14, 2027 and then vest annually over three years. Each vested restricted stock unit converts into one share of Alta Equipment Group common stock, provided he remains employed by the company through the vesting dates.

Did Jeffrey Hoover buy or sell ALTG shares in this Form 4 filing?

The Form 4 reflects grant or award acquisitions, not open-market buying or selling. Hoover received performance stock units and restricted stock units at no cash price, as part of Alta Equipment Group’s 2020 Omnibus Incentive Plan, rather than transacting in existing outstanding shares.

Under which plan were Jeffrey Hoover’s ALTG stock units granted?

Both the performance stock units and restricted stock units were granted under the Alta Equipment Group Inc. 2020 Omnibus Incentive Plan. This plan provides equity-based awards that tie executive compensation to company performance and continued service over multi-year vesting periods.