Form 4: Allison Transmission Director Christman Acquires and Disposes of Shares and Derivative Securities

Director Philip J. Christman reports transactions involving Allison Transmission Holdings Inc. stock, including the acquisition of shares as part of director compensation and the settlement of restricted stock units.

Summary

• On May 7, 2025, Philip J. Christman, a director of Allison Transmission Holdings Inc., acquired 122 shares of common stock as a quarterly payment of his annual retainer.
• These shares were valued at $97.23 each, the closing price on the grant date.
• On the same day, Christman also settled 2,037 restricted stock units (RSUs) and related dividend equivalents, receiving 2,017 shares from the RSU settlement and 20 shares from dividend equivalents.
• On May 8, 2025, Christman acquired 1,570 restricted stock units (RSUs) as his annual equity award, valued at $98.72 each, the closing price on the grant date.
• These RSUs will vest on the date of the next annual meeting of stockholders.
• The reporting person now beneficially owns 8,509 shares of common stock and 1,570 restricted stock units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as the transactions reflect standard director compensation practices and alignment of interests with shareholders.

Positives

• The acquisition of shares as part of director compensation aligns the director's interests with those of the shareholders.
• The settlement of RSUs provides the director with additional equity in the company.

Future Outlook

The director's future equity holdings will be affected by the vesting of the newly acquired RSUs at the next annual meeting of stockholders.

Industry Context

Form 4 filings are standard practice for reporting insider transactions and provide transparency to investors regarding the actions of company directors and officers.

Comparison to Industry Standards

• Director compensation packages often include a mix of cash and equity, aligning director interests with shareholder value, similar to practices at companies like Dana Incorporated and Meritor, Inc.
• The use of RSUs is a common method for granting equity compensation, with vesting schedules tied to continued service or performance milestones, comparable to equity grants at BorgWarner Inc.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding director compensation and equity ownership.
• The director's equity stake aligns his interests with those of the shareholders.

Next Steps

• The newly acquired RSUs will vest on the date of the next annual meeting of the stockholders of the Company.

Key Dates

Keywords

Allison Transmission Holdings Inc, Director Compensation, Restricted Stock Units, Beneficial Ownership, Form 4, ALSN, Equity