Rizzuti Edward 4
Research Summary
AI-generated summary
Alamo Group (ALG) EVP Edward Rizzuti Sells 600 Shares
What Happened
- Edward Rizzuti, EVP (Corporate Development, Investor Relations) and Secretary of Alamo Group, sold 600 shares of ALG stock in a sale reported on a Form 4. The shares were disposed at $170.93 each for total proceeds of $102,555. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date and price: 2026-03-24 at $170.93 per share (total $102,555).
- Filing date: Form 4 filed with the SEC on 2026-03-25.
- Shares owned after transaction: not specified in the Form 4 provided.
- Transaction type/code: Sale (S) — described as "open market or private sale" on the Form 4.
- Notable footnote: Power of Attorney referenced (Exhibit 24, incorporated by reference to reporting person’s Form 3).
- Timeliness: Filing appears timely (filed the business day after the transaction); no late-filing indication in this record.
Context
- This was a straightforward stock sale, not an option exercise, gift, or award. The Form 4 does not state a reason for the sale; such sales can be for many routine reasons (liquidity, diversification, taxes) and do not by themselves indicate the insider’s view of the company’s prospects.