secwatch.observer — SEC 8-K summary
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Issuer:     ALAMO GROUP INC (ALG)
CIK:        0000897077
Form:       8-K
Filed at:   2025-11-12T23:59:59+00:00
Accession:  0000897077-25-000119
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alamo Group adopts deferred comp plan, replaces SERP for key officers
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- Plan effective Jan 1, 2026; discretionary contributions up to 6% of base salary and bonus.
- Eligible officers include CEO R.P. Hureau, CFO A.K. Kamps, EVP K.J. Thomas.
- Contributions vest 100% after 3 years; immediately on change in control.
- Kamps and Thomas get initial credits equal to actuarial present value of their now-terminated SERP accounts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/897077/000089707725000119/0000897077-25-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/897077/000089707725000119/alg-20251106.htm
  HTML page:      https://secwatch.observer/filing/0000897077-25-000119

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer