Form 4: Allient Inc. Executive Helmut Pirthauer Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Helmut Pirthauer, VP and Group President of Allient Inc., disposed of 867 shares of common stock on April 1, 2024, to cover tax withholding obligations upon the vesting of restricted stock.
Summary
- On April 1, 2024, Helmut Pirthauer, VP and Group President of Allient Inc., disposed of 867 shares of common stock.
- The disposal was executed to cover tax withholding obligations related to the vesting of restricted stock.
- The transaction was conducted at a price of $34.43 per share.
- Following the transaction, Pirthauer directly owns 42,240 shares of Allient Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by an insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of covering tax obligations related to stock vesting.
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 |
|---|---|
| 04/01/2024 | Date of stock disposal transaction |
| 04/03/2024 | Date of signature for the Form 4 filing |
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