Form 4: Allison Transmission CFO Bohley G Frederick Reports Dividend Equivalent Rights Acquisition
SEC Form 4 Filing
G Frederick Bohley, CFO of Allison Transmission Holdings Inc, reports the acquisition of dividend equivalent rights related to previously awarded restricted stock units.
Summary
- On March 15, 2024, G Frederick Bohley, the SVP, CFO & Treasurer of Allison Transmission Holdings Inc [ALSN], acquired 50 dividend equivalent rights.
- These rights are associated with previously awarded restricted stock units (RSUs) and will vest proportionally with those RSUs.
- Each dividend equivalent right represents the economic equivalent of one share of Allison Transmission Holdings, Inc. common stock.
- Following the transaction, Bohley directly owns 272 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding executive compensation, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and does not necessarily indicate a significant trend in the industry.
Stakeholder Impact
- The acquisition of dividend equivalent rights has a minor positive impact on the executive, aligning their interests with shareholders through equity-based compensation.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: Acquisition of dividend equivalent rights. |
| 03/19/2024 | Date of signature for the Form 4 filing. |
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