---
schema_version: "secwatch.filing_event.v1"
accession: "0000897077-24-000065"
form_type: "8-K"
ticker: "ALG"
cik: "0000897077"
company_name: "ALAMO GROUP INC"
filed_at: "2024-05-03T23:59:59+00:00"
generated_at: "2026-06-02T23:39:19.119606+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Alamo Group accelerates equity vesting for retiring CFO; signs consulting deal

## Summary
- Board accelerated vesting of 1,821 restricted shares for retiring CFO Richard Wehrle.
- Wehrle eligible for pro-rata PSU vesting: 78% of 1,815 (2022-2024) and 45% of 1,824 (2023-2025).
- Consulting agreement May 3–Aug 31, 2024: $15K/mo (May-Jun), $10K/mo (Jul-Aug) for financial advice.
- At annual meeting, all 8 director nominees elected; say-on-pay and KPMG ratification approved.

## SEC filing metadata
- accession: 0000897077-24-000065
- form_type: 8-K
- ticker: ALG
- cik: 0000897077
- company_name: ALAMO GROUP INC
- filed_at: 2024-05-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/897077/000089707724000065/0000897077-24-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/897077/000089707724000065/alg-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000897077-24-000065
- JSON: https://secwatch.observer/filing/0000897077-24-000065.json
- Plain text: https://secwatch.observer/filing/0000897077-24-000065.txt

## Key facts
- Executive change
  Richard J. Wehrle retired as Executive Vice President, Chief Financial Officer and Treasurer at ALAMO GROUP INC.
  - Action: retired
  - Role: Executive Vice President, Chief Financial Officer and Treasurer
  source text: the previously disclosed retirement of Richard J. Wehrle as Executive Vice President, Chief Financial Officer and Treasurer
  evidence_url: https://www.sec.gov/Archives/edgar/data/897077/000089707724000065/0000897077-24-000065-index.htm
- Shareholder Votes
  ALAMO GROUP INC shareholders approved Ratification of appointment of KPMG LLP as independent auditor for fiscal year 2024 at the 2024-05-02 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2024-05-02
  source text: Proposal 3 - Ratification of appointment of KPMG LLP as independent auditor for fiscal year 2024 The appointment of KPMG LLP to serve as the Company's independent auditor for the fiscal year ending December 31, 2024 was ratified. The voting results were as follows: For Against Abstain Broker Non-Votes 11,051,415 362,461 2,639 —
  evidence_url: https://www.sec.gov/Archives/edgar/data/897077/000089707724000065/0000897077-24-000065-index.htm
- Shareholder Votes
  ALAMO GROUP INC shareholders approved Election of directors at the 2024-05-02 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2024-05-02
  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 Robert P. Bauer 10,727,165 336,474 4,776 348,100 Eric P. Etchart 10,793,741 269,878 4,796 348,100 Nina C. Grooms 10,773,234 290,506 4,675 348,100 Paul D. Householder 11,054,229 9,391 4,795 348,100 Tracy C. Jokinen 10,997,535 66,205 4,675 348,100 Jeffery A. Leonard 11,042,868 20,751 4,796 348,100 Richard W. Parod 11,043,137 20,481 4,797 348,100 Lorie L. Tekorius 10,897,906 165,657 4,852 348,100
  evidence_url: https://www.sec.gov/Archives/edgar/data/897077/000089707724000065/0000897077-24-000065-index.htm
- Shareholder Votes
  ALAMO GROUP INC shareholders approved Advisory vote on compensation of named executive officers at the 2024-05-02 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2024-05-02
  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 10,916,690 144,255 7,470 348,100
  evidence_url: https://www.sec.gov/Archives/edgar/data/897077/000089707724000065/0000897077-24-000065-index.htm

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