Form 4: Allient Inc. VP Helmut Pirthauer Reports Acquisition of Restricted Shares
SEC Form 4 Filing
Helmut Pirthauer, VP and Group President of Allient Inc., reports the acquisition of 3,158 restricted shares at $23.74 each on March 5, 2025, under the company's 2017 Omnibus Incentive Plan.
Summary
- On March 5, 2025, Helmut Pirthauer, VP and Group President of Allient Inc., acquired 3,158 shares of common stock.
- The shares were granted as time-based restricted shares under the company's 2017 Omnibus Incentive Plan.
- The acquisition price was $23.74 per share.
- These restricted shares vest in three equal installments on April 1, 2026, April 1, 2027, and April 1, 2028.
- Following the transaction, Pirthauer beneficially owns 45,398 shares of Allient Inc.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. The grant of restricted shares is a standard practice and indicates confidence in the executive's continued contribution to the company. It's a routine filing, but positive for alignment of interests.
Positives
- The grant of restricted shares aligns the executive's interests with the long-term performance of the company.
- The vesting schedule encourages continued service and commitment from the executive.
Future Outlook
The document does not contain specific forward-looking statements, but the vesting schedule of the restricted shares suggests an expectation of continued employment and contribution from the executive over the next three years.
Industry Context
Grants of restricted stock are a common form of executive compensation in publicly traded companies, aligning management's interests with those of shareholders.
Comparison to Industry Standards
- Executive compensation packages often include a mix of salary, bonus, and equity-based awards.
- Restricted stock grants are a typical component of equity compensation, with vesting schedules designed to incentivize long-term performance.
- Companies like General Electric, Siemens, and ABB also use similar compensation strategies for their executives.
Stakeholder Impact
- Shareholders may view the grant of restricted shares positively, as it aligns management's interests with long-term company performance.
- Employees may see this as a positive sign of the company investing in its leadership.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of transaction: Acquisition of 3,158 restricted shares. |
| 03/06/2025 | Date of signature on the Form 4 filing. |
| 04/01/2026 | First vesting date for one-third of the restricted shares. |
| 04/01/2027 | Second vesting date for one-third of the restricted shares. |
| 04/01/2028 | Final vesting date for the remaining one-third of the restricted shares. |
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