Form 4: Allient Inc. CEO Richard S. Warzala Reports Share Withholding for Tax Obligations
SEC Filing
Allient Inc.'s CEO, Richard S. Warzala, reports withholding shares to cover tax obligations upon vesting of restricted stock.
Summary
- Richard S. Warzala, CEO of Allient Inc., filed a Form 4 with the SEC on April 3, 2025.
- The filing reports a transaction on April 1, 2025, where shares of common stock were withheld to cover tax obligations related to the vesting of restricted stock.
- A total of 25,820 shares were withheld at a price of $22 per share.
- Following the transaction, Warzala directly owns 1,560,783 shares of Allient Inc. common stock and indirectly owns 25,768 shares through an ESOP Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC 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 corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CEO's shares were withheld to cover tax obligations, a common practice when restricted stock vests.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine withholding of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of the transaction where shares were withheld for tax obligations. |
| 04/03/2025 | Date the Form 4 was signed and filed. |
Keywords
Form 4, Allient Inc, Richard S. Warzala, share withholding, tax obligations, restricted stock, beneficial ownership, ALNT, CEO
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