---
schema_version: "secwatch.filing_event.v1"
accession: "0000897077-23-000057"
form_type: "8-K"
ticker: "ALG"
cik: "0000897077"
company_name: "ALAMO GROUP INC"
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T15:19:05.202084+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Alamo Group boosts executive change-in-control severance to 2x; annual meeting votes ratified

## Summary
- Severance multiplier for executives Wehrle, Malone, Rizzuti increased from 1.5x to 2x base salary plus target bonus.
- Annual meeting: all eight director nominees elected; say-on-pay approved with 98.9% of votes cast; annual frequency adopted.
- KPMG ratified as independent auditor for fiscal year 2023.

## SEC filing metadata
- accession: 0000897077-23-000057
- form_type: 8-K
- ticker: ALG
- cik: 0000897077
- company_name: ALAMO GROUP INC
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/897077/000089707723000057/0000897077-23-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/897077/000089707723000057/alg-20230508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000897077-23-000057
- JSON: https://secwatch.observer/filing/0000897077-23-000057.json
- Plain text: https://secwatch.observer/filing/0000897077-23-000057.txt

## Key facts
- Shareholder Votes
  ALAMO GROUP INC shareholders approved Advisory vote on the frequency with which to hold an advisory vote concerning named executive officer compensation at the 2023-05-04 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-05-04
  source text: Proposal 3 - Advisory vote on the frequency with which to hold an advisory vote concerning named executive officer compensation The stockholders voted, on an advisory, non-binding basis, that the frequency of the advisory vote on compensation of our named executive officers should be held as set forth in the table below: 1 Year 2 Years 3 Years Abstain Broker Non-Votes 8,748,815 905 2,373,555 5,512 276,543
  evidence_url: https://www.sec.gov/Archives/edgar/data/897077/000089707723000057/0000897077-23-000057-index.htm
- Shareholder Votes
  ALAMO GROUP INC shareholders approved Ratification of appointment of KPMG LLP as independent auditor for fiscal year 2023 at the 2023-05-04 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-04
  source text: Proposal 4 - Ratification of appointment of KPMG LLP as independent auditor for fiscal year 2023 The appointment of KPMG LLP to serve as the Company's independent auditor for the fiscal year ending December 31, 2023 was ratified. The voting results were as follows: For Against Abstain Broker Non-Votes 11,098,113 301,472 5,745 —
  evidence_url: https://www.sec.gov/Archives/edgar/data/897077/000089707723000057/0000897077-23-000057-index.htm
- Shareholder Votes
  ALAMO GROUP INC shareholders approved Election of directors at the 2023-05-04 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-04
  source text: Proposal 1 - Election of directors The majority of stockholders approved the election of all eight of the nominees for director to serve until the next Annual Meeting or until their successors are duly elected and qualified. The voting results were as follows: For Against Abstain Broker Non-Votes Roderick R. Baty 10,781,124 343,067 4,596 276,543 Robert P. Bauer 10,944,755 179,436 4,596 276,543 Eric P. Etchart 10,728,780 395,312 4,695 276,543 Nina C. Grooms 11,077,439 46,653 4,695 276,543 Tracy C. Jokinen 11,087,020 36,995 4,772 276,543 Jeffery A. Leonard 11,101,926 22,266 4,595 276,543 Richard W. Parod 11,063,088 61,102 4,597 276,543 Lorie L. Tekorius 11,077,362 46,655 4,770 276,543
  evidence_url: https://www.sec.gov/Archives/edgar/data/897077/000089707723000057/0000897077-23-000057-index.htm
- Shareholder Votes
  ALAMO GROUP INC shareholders approved Advisory vote on compensation of named executive officers at the 2023-05-04 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-05-04
  source text: Proposal 2 - Advisory vote on compensation of named executive officers The stockholders approved, on an advisory, non-binding basis, the compensation of our named executive officers as described in our Proxy Statement, by the votes set forth in the table below: For Against Abstain Broker Non-Votes 10,995,340 122,500 10,947 276,543
  evidence_url: https://www.sec.gov/Archives/edgar/data/897077/000089707723000057/0000897077-23-000057-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.