Form 4: Allison Transmission Director Judy L. Altmaier Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
Director Judy L. Altmaier reports acquiring 50 dividend equivalent rights related to deferred stock units of Allison Transmission Holdings, Inc.
Summary
- On August 30, 2024, Judy L. Altmaier, a director of Allison Transmission Holdings Inc, reported acquiring 50 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, Altmaier directly owns 1,056 dividend equivalent rights.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to director compensation. It doesn't indicate positive or negative sentiment, but rather a standard business practice.
Industry Context
Form 4 filings are standard practice for company insiders (directors, officers, and major shareholders) to report transactions in their company's stock. This provides transparency to the market regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 08/30/2024 | Date of transaction: Acquisition of dividend equivalent rights |
| 09/04/2024 | Date of signature on the Form 4 filing |
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