Director Rick Parod Acquires 905 Alamo Group Shares Through Award
2026-05-12SEC Filing 4 (0000897077-26-000071)
This Form 4 filing reports that Rick Parod, a director of Alamo Group Inc. (ALG), acquired 905 shares of common stock on May 11, 2026. The transaction was an award (Transaction Code A) with a price of $0 per share, indicating it was likely stock-based compensation such as restricted stock units or stock options. Following this acquisition, Parod's total holdings increased to 9,723 shares. The filing was signed by attorney-in-fact Carol Worthy on behalf of Parod on May 12, 2026. This transaction represents a routine equity award to a company director, which is common practice for board compensation and aligns director interests with shareholder value creation.