Form 4: Alamo Group EVP Edward Rizzuti Reports Stock Sale and Option Exercise
SEC Form 4
Edward Rizzuti, EVP & General Counsel of Alamo Group Inc, reported the sale of 322 shares of common stock and the exercise of options for 950 shares.
Summary
- On August 19, 2024, Edward Rizzuti, EVP & General Counsel of Alamo Group Inc, sold 322 shares of common stock at a weighted average price of $178.289.
- The sale price ranged from $178.210 to $178.465.
- On August 20, 2024, Rizzuti exercised options to acquire 950 shares of common stock at a price of $52.51 per share.
- Following these transactions, Rizzuti directly owns 8,715 shares of Alamo Group Inc.
- Rizzuti also holds options for 2,050 shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the buying and selling activities of company executives. It's a standard practice in publicly traded companies to ensure fair market practices.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly diluting the stock or affecting supply and demand.
Key Dates
| Date | Description |
|---|---|
| 08/10/2015 | Date of Power of Attorney filing |
| 08/10/2016 | Employee Stock Option Date Exercisable |
| 08/19/2024 | Sale of 322 shares of common stock |
| 08/20/2024 | Exercise of options for 950 shares of common stock |
| 08/21/2024 | Date of Form 4 filing |
| 08/10/2025 | Employee Stock Option Expiration Date |
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