Form 4: Allison Transmission Director Judy L Altmaier Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
Director Judy L Altmaier reports acquiring 56 dividend equivalent rights related to deferred stock units of Allison Transmission Holdings, Inc.
Summary
- On March 15, 2024, Judy L Altmaier, a director of Allison Transmission Holdings Inc, reported acquiring 56 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 944 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The acquisition of dividend equivalent rights by a director could be seen as a positive sign by shareholders, indicating confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: Acquisition of 56 dividend equivalent rights |
| 03/19/2024 | Date of signature for the report |
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