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 April 1, 2025, Kenneth Arthur May, Chief Technology Officer of Allient Inc. (ALNT), reported a transaction involving the disposition of 1,455 shares of common stock to cover tax withholding obligations.
- The shares were withheld by the company at a price of $22 per share.
- Following the transaction, May directly owns 17,672 shares and indirectly owns 1,049 shares through an ESOP Trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. 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 that a company executive has sold shares to cover tax obligations, which is a common practice.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of stock transaction (disposition of shares). |
| 04/03/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Allient Inc, ALNT, Kenneth May, Chief Technology Officer, Stock Transaction, Beneficial Ownership, Tax Withholding, ESOP Trust
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