Form 4: Allient Inc. Director Richard D. Federico Reports Acquisition of 705 Shares
SEC Form 4 Filing
Director Richard D. Federico reported acquiring 705 shares of Allient Inc. common stock on May 8, 2024, at a price of $31.2 per share.
Summary
- Richard D. Federico, a director of Allient Inc., reported a transaction on May 8, 2024.
- Federico acquired 705 shares of Allient Inc. common stock at a price of $31.2 per share.
- This acquisition increased Federico's direct ownership to 70,802 shares.
- The shares were granted as a quarterly retainer under the company's Non-Employee Director Compensation Policy.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction by a director as part of their compensation.
Positives
- The director's acquisition of shares may signal confidence in the company's future performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can influence investor sentiment.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Date of transaction: Richard D. Federico acquired 705 shares of Allient Inc. common stock. |
| 05/10/2024 | Date of signature on the Form 4 filing. |
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