Form 4: Allient Inc. CFO James A. Michaud Receives Restricted Stock Grant

James A. Michaud, CFO of Allient Inc., was granted 3,652 shares of restricted common stock on August 7, 2024, which will vest on August 7, 2025.

Summary

• On August 7, 2024, James A. Michaud, the Chief Financial Officer of Allient Inc., received a grant of 3,652 shares of restricted common stock.
• The grant was made pursuant to the company's 2017 Omnibus Incentive Plan.
• These restricted shares will vest on August 7, 2025.

Sentiment

Score: 7

Explanation: The document indicates a standard executive compensation practice, suggesting stability and alignment of interests. The sentiment is neutral to slightly positive.

Positives

• The grant of restricted stock aligns the CFO's interests with those of the shareholders.
• The vesting period of one year encourages continued service and commitment to the company.

Industry Context

Grants of restricted stock are a common form of executive compensation used to incentivize performance and retain key personnel in publicly traded companies.

Comparison to Industry Standards

• Restricted stock grants are a typical component of executive compensation packages in publicly traded companies, often used to align management's interests with those of shareholders.
• The vesting period of one year is relatively standard for such grants, although vesting schedules can vary depending on company policy and individual agreements.
• Comparable companies in the industrial sector often utilize similar equity-based compensation plans to attract and retain talent.

Stakeholder Impact

• Shareholders may view the grant positively as it incentivizes the CFO to improve company performance.
• Employees may see this as a positive sign of investment in leadership.

Key Dates