Form 4: Allient Inc. CFO Michael Leach Sells 5,000 Shares
SEC Form 4
Michael Leach, CFO of Allient Inc., disposed of 5,000 shares of common stock on March 18, 2024, at a price of $32.8735 per share.
Summary
- On March 18, 2024, Michael R. Leach, the Chief Financial Officer of Allient Inc. (ALNT), sold 5,000 shares of the company's common stock.
- The transaction was executed at a price of $32.8735 per share.
- Following the transaction, Leach directly owns 82,089 shares of Allient Inc. common stock.
- Leach also indirectly owns 2,242 shares through an ESOP Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an insider stock sale. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways by the market.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like the CFO, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.
Key Dates
| Date | Description |
|---|---|
| 03/18/2024 | Date of the stock sale transaction. |
| 03/20/2024 | Date of signature on the Form 4 filing. |
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