Form 4: Allison Transmission Director Acquires Dividend Equivalent Rights

Krishna Shivram, a director at Allison Transmission Holdings Inc, reports acquiring dividend equivalent rights related to previously awarded restricted stock units.

Summary

• On August 30, 2024, Krishna Shivram, a director of Allison Transmission Holdings Inc, acquired 5 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, Shivram directly owns 11 dividend equivalent rights.
• The transaction was reported on September 4, 2024.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the director's holdings and alignment with company performance.

Key Dates