Form 4: Allient Inc. CFO Michael Leach Sells 5,000 Shares
SEC Form 4 Filing
Michael Leach, CFO of Allient Inc., disposed of 5,000 shares of common stock on March 13, 2024.
Summary
- On March 13, 2024, Michael R. Leach, the Chief Financial Officer of Allient Inc. (ALNT), sold 5,000 shares of the company's common stock.
- The shares were sold at a weighted average price of $32.993 per share.
- Following the transaction, Leach directly owns 87,089 shares of Allient Inc. common stock and indirectly owns 2,242 shares through an ESOP Trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock sale. The sale itself doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company executives.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of the transaction: Michael Leach sold 5,000 shares of Allient Inc. common stock. |
| 03/15/2024 | Date of signature on the Form 4 filing. |
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