Form 4: Alamo Group EVP Michael Haberman Reports Stock Award and Tax Withholding
SEC Form 4 Filing
Michael Haberman, EVP of Industrial Equipment at Alamo Group Inc., reports the acquisition of 1,155 shares of common stock and the disposal of 309 shares for tax withholding purposes on February 25, 2024.
Summary
- On February 25, 2024, Michael Haberman, an EVP at Alamo Group Inc., acquired 1,155 shares of common stock.
- The acquisition was likely a stock award, as the price is listed as $0.
- On the same day, Haberman disposed of 309 shares of common stock at a price of $203.55.
- This disposal was likely to cover tax obligations related to the stock award.
- Following these transactions, Haberman beneficially owns 17,924 shares of Alamo Group Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects executive compensation and alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 02/25/2024 | Date of stock acquisition and disposal |
| 02/27/2024 | Date of signature on the report |
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