Form 4: Allient Inc. Executive Kenneth May Reports Stock Transaction
SEC Form 4 Filing
Kenneth May, Chief Technology Officer of Allient Inc., reports disposition of shares to cover tax obligations upon vesting of restricted stock.
Summary
- On September 1, 2024, Kenneth May, the Chief Technology Officer of Allient Inc., disposed of 181 shares of common stock to cover tax withholding obligations.
- The transaction was executed at a price of $21.24 per share.
- Following the transaction, May directly owns 14,866 shares of Allient Inc. common stock and indirectly owns 1,049 shares through an ESOP Trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock transactions, indicating a neutral sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/01/2024 | Date of stock transaction |
| 09/04/2024 | Date of signature on the Form 4 filing |
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