Form 4: Allient Inc. Director Michael R. Winter Acquires Shares as Part of Retainer
SEC Form 4 Filing
Director Michael R. Winter acquired 1,178 shares of Allient Inc. common stock at $18.78 per share as part of a quarterly retainer.
Summary
- On November 6, 2024, Michael R. Winter, a director of Allient Inc., acquired 1,178 shares of common stock.
- The shares were acquired at a price of $18.78 per share.
- This acquisition was part of the quarterly retainer shares granted under the company's Non-Employee Director Compensation Policy within the 2017 Omnibus Incentive Plan.
- Following the transaction, Winter's direct ownership in Allient Inc. amounts to 36,734 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive as it reflects a routine transaction related to director compensation, indicating alignment of interests.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.
Industry Context
Directors receiving shares as part of their compensation is a common practice, aligning their interests with those of the shareholders.
Stakeholder Impact
- The acquisition of shares by a director can positively influence shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 11/06/2024 | Date of transaction: Michael R. Winter acquired shares of Allient Inc. |
| 11/08/2024 | Date of signature on the Form 4 filing. |
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