Form 4: Allient Inc. Director Nicole R. Tzetzo Reports Acquisition of Shares and Indirect Ownership
SEC Form 4 Filing
Director Nicole R. Tzetzo reports acquiring 1,178 shares of Allient Inc. common stock and disclaims beneficial ownership of 600 shares held by a general partnership due to her spouse's interest.
Summary
- On November 6, 2024, Nicole R. Tzetzo, a director of Allient Inc., acquired 1,178 shares of common stock at a price of $18.78 per share.
- This acquisition was a grant of quarterly retainer shares under the company's Non-Employee Director Compensation Policy.
- Following the transaction, Tzetzo directly owns 10,351 shares of Allient Inc.
- Tzetzo also reported indirect beneficial ownership of 600 shares through a general partnership, but disclaims beneficial ownership except to the extent of her spouse's pecuniary interest.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard disclosure of a transaction by a company director. The acquisition of shares could be interpreted slightly positively, but it's a routine event.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to the market regarding their transactions in the company's stock.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 11/06/2024 | Date of transaction: Acquisition of 1,178 shares of common stock. |
| 11/08/2024 | Date of signature of the report. |
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