Alliance Laundry (ALH) COO Jan Vleugels Exercises Options

What Happened

• Jan Gommaar M. Vleugels, COO - International of Alliance Laundry Holdings Inc., exercised stock options on 2026-09-29 and 2026-09-30. Each exercise shows 389,004 underlying shares acquired at an exercise price of $5.79 (value reported $2,252,333) and roughly 103,000 shares withheld to satisfy the exercise price/tax liability (worth about $2.25M on each date).
• These were option exercises (transaction code M) with simultaneous share withholding (transaction code F) — effectively a cashless/net-share settlement rather than an open-market purchase or sale.

Key Details

• Transaction dates and reported amounts:
  • 2026-09-29: Acquired 389,004 shares @ $5.79 (value $2,252,333); 102,988 shares withheld @ $21.87 (value $2,252,348).
  • 2026-09-30: Acquired 389,004 shares @ $5.79 (value $2,252,333); 103,651 shares withheld @ $21.73 (value $2,252,336).
  • Additional derivative conversion lines show conversion of the options to common stock (no cash amount reported for those lines).
• Shares owned after the transactions: Not specified in the provided filing excerpt.
• Footnotes of note:
  • F1/F2: The exercises were net share (cashless) settlements; shares were withheld by the issuer to satisfy exercise price/taxes.
  • F3: Reporting person is subject to a lock-up agreement expiring Nov 16, 2026; cashless exercise was permitted under that lock-up.
  • F4: The options exercised were fully vested and exercisable.
• Filing: Form 4 filed 2026-10-01 for a 2026-09-29 report date — appears to be filed timely under Form 4 rules.

Context

• This was an option exercise with net-share settlement: the insider converted options into shares and the company withheld ~103k shares to cover the exercise price and taxes, rather than the insider paying cash.
• Option exercises and withholding are routine and do not by themselves signal a buy/sell view of the stock; they reflect vesting/exercise decisions and tax/settlement mechanics.