Form 4: Allison Transmission Director Acquires Dividend Equivalent Rights
SEC Form 4 Filing
Director David C. Everitt acquired 107 dividend equivalent rights related to deferred stock units of Allison Transmission Holdings, Inc.
Summary
- On March 15, 2024, David C. Everitt, a director of Allison Transmission Holdings, Inc., acquired 107 dividend equivalent rights.
- These rights are associated with previously awarded deferred stock units (DSUs) and vest proportionally with the DSUs.
- Each dividend equivalent right represents the economic equivalent of one share of Allison Transmission Holdings, Inc. common stock.
- Following the transaction, Everitt directly owns 2,990 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a transaction related to director compensation; it doesn't inherently convey positive or negative sentiment.
Industry Context
This filing reflects routine transactions related to director compensation and equity ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, primarily reflecting internal compensation adjustments for a director.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: Acquisition of 107 dividend equivalent rights. |
| 03/19/2024 | Date of signature for the Form 4 filing. |
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