Rizzuti Edward 4

What Happened
Edward Rizzuti, EVP of Corporate Development, Investor Relations & Secretary at Alamo Group (ALG), was issued 1,421 shares on Feb 26, 2026 as the conversion of performance units under the 2019 Equity Incentive Plan. To satisfy tax withholding obligations related to that award, a total of 570 shares were withheld/disposed: 224 shares on Feb 25 at $215.15 ($48,194) and 346 shares on Feb 26 at $213.09 ($73,729). The award itself was reported at $0.00 acquisition price (an equity grant), and the withholdings are recorded under transaction code F (tax withholding).

Key Details

• Transaction dates and prices:
  • 2026-02-26: Award/Acquisition — 1,421 shares @ $0.00 (code A)
  • 2026-02-25: Tax withholding — 224 shares @ $215.15 = $48,194 (code F)
  • 2026-02-26: Tax withholding — 346 shares @ $213.09 = $73,729 (code F)
• Total shares withheld: 570; total withholding value ≈ $121,923.
• Footnote: Shares issued pursuant to the 2019 Equity Incentive Plan converting performance units after a three‑year performance period.
• Shares owned after the transactions: not provided in the supplied filing details.
• Filing: Form 4 filed 2026-02-27 (appears timely relative to the transaction dates).
• Remarks: Power of Attorney (Ex. 24) referenced in the filing.

Context

• This was an equity award conversion (performance units → common shares), not an open-market purchase or voluntary sale. The disposals are tax withholding (cashless) to cover tax liabilities and are routine administrative actions—they do not necessarily reflect a decision to sell for investment reasons.
• For retail investors, award acquisitions show insider compensation/vesting; the withheld shares simply satisfy taxes on that award.