Form 4: Allient Inc. Director Richard D. Federico Acquires Shares
SEC Form 4 Filing
Director Richard D. Federico acquired 953 shares of Allient Inc. common stock at $23.22 per share on March 5, 2025, as part of a quarterly retainer.
Summary
- Richard D. Federico, a director of Allient Inc., acquired 953 shares of common stock on March 5, 2025.
- The shares were purchased at a price of $23.22 per share.
- The acquisition was part of a quarterly retainer under the company's Non-Employee Director Compensation Policy.
- Following the transaction, Federico directly owns 73,838 shares of Allient Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares indicates confidence, but it's a small transaction related to compensation.
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 acquiring shares in their own companies is a common practice. It is generally viewed positively by investors as it aligns the director's interests with those of the shareholders.
Stakeholder Impact
- The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of transaction: Richard D. Federico acquired 953 shares of Allient Inc. common stock. |
| 03/06/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.