Form 4: Allient Inc. CEO Richard S. Warzala Reports Stock Transaction
SEC Filing
Richard S. Warzala, CEO of Allient Inc., reports disposition of shares to cover tax obligations upon vesting of restricted stock.
Summary
- On March 7, 2024, Richard S. Warzala, the CEO of Allient Inc., disposed of 2,615 shares of common stock to cover tax withholding obligations.
- The shares were withheld by the company at a price of $33.55 per share.
- Following the transaction, Warzala directly owns 1,583,284 shares and indirectly owns 25,383 shares through an ESOP Trust.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of covering tax obligations related to vested stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of stock transaction where shares were disposed of to cover tax obligations. |
| 03/11/2024 | Date of signature by Attorney-in-Fact for Richard S. Warzala. |
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