Form 4: Allient Inc. Executive Ashish Bendre Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Ashish Bendre, VP and Group President of Allient Inc., disposed of shares to cover tax withholding obligations upon vesting of restricted stock.
Summary
- On April 1, 2025, Ashish Bendre, VP and Group President of Allient Inc., disposed of 1,933 shares of common stock at a price of $22 per share to cover tax withholding obligations.
- Following the transaction, Bendre directly owns 38,882.975 shares of common stock and indirectly owns 970 shares through an ESOP Trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a common transaction (disposal of shares for tax obligations). It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. This provides transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of the transaction where shares were disposed of to cover tax obligations. |
| 04/03/2025 | Date of signature by Attorney-in-Fact for Ashish Bendre. |
Keywords
Form 4, Allient Inc, Ashish Bendre, share disposal, tax withholding, executive compensation, ALNT, ESOP Trust
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.