ALNT.NASDAQAllient INC

Form 4: Allient Inc. Director Richard D. Federico Reports Acquisition of 905 Shares

Sentiment:

SEC Form 4 Filing


Director Richard D. Federico reported acquiring 905 shares of Allient Inc. common stock at $23.86 per share on August 7, 2024, bringing his total holdings to 71,707 shares.

Summary

  • On August 7, 2024, Richard D. Federico, a director of Allient Inc. [ALNT], acquired 905 shares of common stock.
  • The shares were acquired at a price of $23.86 per share.
  • This transaction increased Federico's total holdings in Allient Inc. to 71,707 shares.
  • The acquisition was a grant of quarterly retainer shares under the company's Non-Employee Director Compensation Policy within the 2017 Omnibus Incentive Plan.
  • The Form 4 filing was signed by Michael C. Donlon, attorney-in-fact for Richard D. Federico, on August 8, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction disclosure. The director's acquisition of shares could be interpreted slightly positively, but it's part of a compensation plan.

Positives

  • The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it reflects insider activity, which can influence investor sentiment.

Key Dates

DateDescription
08/07/2024Date of transaction: Richard D. Federico acquired 905 shares of Allient Inc. common stock.
08/08/2024Date of signature: Form 4 filing signed by Michael C. Donlon, attorney-in-fact for Richard D. Federico.

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