Form 4: Allison Transmission Director Acquires Shares as Part of Retainer Agreement
SEC Form 4
Director D. Scott Barbour acquired 139 shares of Allison Transmission Holdings Inc. common stock as part of a quarterly retainer payment.
Summary
- On August 8, 2024, D. Scott Barbour, a director of Allison Transmission Holdings Inc., acquired 139 shares of common stock.
- The acquisition was part of a quarterly payment of the director's annual retainer.
- The shares were valued at $85.11 each, based on the closing price of the company's common stock on the date of grant.
- Following the transaction, Barbour directly owns 8,862 shares of Allison Transmission Holdings Inc.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction (director share acquisition as part of compensation), which is generally viewed neutrally to slightly positively as it aligns director interests with shareholders.
Positives
- The director's acquisition of shares demonstrates confidence in the company.
- The retainer payment in stock aligns the director's interests with those of the shareholders.
Industry Context
Director share acquisitions are common and often viewed positively by investors as they align management's interests with shareholders'.
Stakeholder Impact
- The acquisition of shares by a director can positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/08/2024 | Date of transaction: D. Scott Barbour acquired 139 shares of common stock. |
| 08/12/2024 | Date of signature by attorney-in-fact. |
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