ALTA Equipment Group Inc.: declares $625 dividend per Series A share

What happened

• On Oct 2, 2026 ALTA Equipment Group Inc issued a press release announcing that the company’s board of directors has declared a dividend of $625 per share of its outstanding 10% Series A Cumulative Perpetual Preferred Stock, with a record date of Oct 15, 2026 and a payment date of Oct 30, 2026.
• The company said this equates to a dividend of $0.625 for each outstanding Depositary Share representing a 1/1000th fractional interest in one share of Series A Preferred. The Depositary Shares trade on the New York Stock Exchange under the symbol "ALTG PRA."

Key details

• security: 10% Series A Cumulative Perpetual Preferred Stock
• dividend: $625 per Series A preferred share
• Depositary Shares dividend: $0.625 per Depositary Share (1/1000th interest)
• record date: Oct 15, 2026; payment date: Oct 30, 2026

Why it may matter

• The item reported is Item 8.01, other events; the filing includes a press release announcing the dividend (filed as Exhibit 99.1). This filing does not show why the insider traded or why the company acted.