Form 4: Allient Inc. CEO Richard S. Warzala Reports Stock Transaction
SEC Form 4 Filing
Richard S. Warzala, CEO of Allient Inc., reports a transaction involving the withholding of common stock to cover tax obligations.
Summary
- On April 1, 2024, Allient Inc.'s CEO, Richard S. Warzala, had shares of common stock withheld to cover tax obligations upon the vesting of restricted stock.
- A total of 25,214 shares were withheld at a price of $34.43 per share.
- Following the transaction, Warzala directly owns 1,558,070 shares of Allient Inc. common stock.
- Warzala also indirectly owns 25,383 shares through an ESOP Trust.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine stock transaction for tax purposes; it doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on the overall shareholding structure.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of the stock transaction (withholding of shares for tax obligations). |
| 04/03/2024 | Date of signature on the Form 4 filing. |
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