Form 4: Allison Transmission Director Acquires Dividend Equivalent Rights
SEC Form 4 Filing
Carolann I. Haznedar, a director of Allison Transmission Holdings Inc, reports acquiring dividend equivalent rights related to deferred stock units.
Summary
- On March 15, 2024, Carolann I. Haznedar, a director of Allison Transmission Holdings Inc, acquired 58 dividend equivalent rights.
- These rights are associated with previously awarded deferred stock units (DSUs) and vest proportionally with those DSUs.
- Each dividend equivalent right represents the economic equivalent of one share of Allison Transmission Holdings, Inc. common stock.
- Following the transaction, Haznedar directly owns 1,045 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine 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 specific filing indicates the accrual of dividend equivalent rights, which is a common practice for deferred stock units.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: Acquisition of dividend equivalent rights |
| 03/19/2024 | Date of signature on the Form 4 filing |
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