Form 4: Allient Inc. CEO Richard S. Warzala Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Richard S. Warzala, CEO of Allient Inc., reports withholding shares of common stock to cover tax obligations upon vesting of restricted stock.
Summary
- On March 7, 2025, Allient Inc.'s CEO, Richard S. Warzala, had shares of common stock withheld to cover tax obligations related to the vesting of restricted stock.
- A total of 2,697 shares were withheld at a price of $23.36 per share.
- Following the transaction, Warzala directly owns 1,598,196 shares of Allient Inc. common stock.
- Warzala also indirectly owns 25,768 shares through an ESOP Trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This filing indicates a standard practice of withholding shares to cover tax obligations upon vesting of restricted stock, which is common across publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine withholding of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of the transaction where shares were withheld to cover tax obligations. |
| 03/11/2025 | Date of signature by Attorney-in-Fact for Richard S. Warzala. |
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