Alta Equipment Group Inc. filings document the regulatory record for its equipment dealership operations, capital structure, and governance. Form 8-K reports cover results of operations and financial condition, with disclosures tied to Material Handling, Construction Equipment, Master Distribution, equipment sales, product support, rental activity, interest expense, inventory, and credit-line balances.
The filing record also includes preferred stock dividend disclosures for the company’s 10% Series A Cumulative Perpetual Preferred Stock and related depositary shares, definitive proxy materials covering governance and executive compensation, and material-event reports on cooperation agreements, board observer rights, officer roles, and compensatory arrangements.
ALTA EQUIPMENT GROUP INC. Chief Executive Officer and 10% owner Ryan Greenawalt reported equity awards and a related tax sale of common stock. On February 27, 2026, he received 72,832 performance stock units and 115,837 restricted stock units at $0.00 per share under the 2020 Omnibus Incentive Plan. Each unit represents one share of common stock, with the PSUs earned on that date and scheduled to vest annually over two years starting February 14, 2027, and the RSUs vesting annually over three years starting the same date.
On March 3, 2026, Greenawalt executed an open-market sale of 27,986 common shares at a weighted average price of $7.0496 per share, within a range of $7.02 to $7.14. According to the footnotes, this sale was a “sell to cover” transaction to satisfy tax withholding obligations arising from the issuance of vested PSUs and RSUs. Following these transactions, he directly owned 5,721,710 common shares.
Alta Equipment Group Inc. files its annual report describing a large integrated equipment dealership platform across more than 80 locations in the U.S. and Canada. The company sells, rents and services material handling, construction and environmental processing equipment, with five main revenue streams: new and used equipment sales, parts, service, rentals and rental equipment sales.
Alta highlights exclusive relationships with major OEMs such as Hyster‑Yale, Volvo, JCB, Kubota and CNH, noting that about 49% of 2025 equipment and parts purchases came from five manufacturers. Growth is driven by acquisitions (17 since 2020), territory expansion and recruiting skilled technicians, supported by floor‑plan financing and a proprietary ERP/CRM system.
Key risks include cyclicality in construction and industrial activity, supply‑chain disruptions, heavy use of debt and OEM captive finance, sensitivity to used equipment values, cybersecurity and AI‑related threats, labor relations with roughly 650 union‑represented employees, and the structurally junior position of its Series A preferred stock and related depositary shares to all debt and subsidiary liabilities.
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.
Mill Road Capital filed an amended Schedule 13D/A on Alta Equipment Group, reporting beneficial ownership of 4,293,208 common shares, or approximately 13.3% of the company’s 32,235,283 shares outstanding as of November 4, 2025. The shares were acquired for a total of $50,429,841.31 using fund working capital and margin loans.
On January 21, 2026, Alta entered into a Board Observer Agreement with Deven Petito and a Cooperation Agreement with Mill Road Capital III, L.P. Petito may attend board and committee meetings as a non‑voting observer, subject to confidentiality, recusal and other conditions, and the fund can designate a successor observer while it and its affiliates maintain at least 4.9% beneficial ownership.
Under the Cooperation Agreement, Mill Road agreed to a detailed standstill through a period tied to the 2027 annual meeting nomination deadline, including limits on proxy solicitations, board contests and certain public proposals, and to generally vote its shares in line with the board’s recommendations except on specified strategic or control-related matters. Within these boundaries, the investors plan ongoing dialogue with Alta’s leadership on a broad range of strategic, financial and governance topics.
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.
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.
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.
Alta Equipment Group Inc. director reports stock purchase
A director of Alta Equipment Group Inc. (ALTG), through Clamantis Holdings LLC, bought 40,000 shares of common stock on 12/08/2025. The transaction is coded "P" for purchase and was executed at a weighted average price of $5.0735 per share, with individual trades occurring between $4.97 and $5.15. After this transaction, the reporting person indirectly holds 131,393 shares of Alta Equipment Group common stock through Clamantis Holdings LLC.