Form 4: Allison Transmission CEO David Graziosi Executes Stock Transactions
SEC Form 4
David Graziosi, CEO of Allison Transmission Holdings, Inc., reports the settlement of performance-based restricted stock units and related tax withholding.
Summary
- David S. Graziosi, the Chair, President, and CEO of Allison Transmission Holdings, Inc., executed transactions involving the company's common stock on February 28, 2024.
- He settled 62,199 performance-based restricted stock units (PSUs), each representing a right to receive one share of ALSN common stock.
- Additionally, 27,430 shares were withheld by ALSN to satisfy tax withholding obligations related to the vesting of these PSUs at a price of $75.59.
- Following these transactions, Graziosi directly owns 168,833 shares of Allison Transmission Holdings Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, like the CEO, when they trade their company's stock. It provides transparency to the market regarding insider activity.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect insider activity, which is always scrutinized by investors.
Key Dates
| Date | Description |
|---|---|
| 02/10/2021 | Date of grant for the performance-based restricted stock units (PSUs). |
| 02/28/2024 | Date of the stock transactions: settlement of PSUs and tax withholding. |
| 03/01/2024 | Date of signature for the Form 4 filing. |
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