Form 4: Allison Transmission Director Judy L. Altmaier Reports Dividend Equivalent Rights Acquisition
SEC Form 4 Filing
Director Judy L. Altmaier reported the acquisition of dividend equivalent rights related to deferred stock units of Allison Transmission Holdings, Inc.
Summary
- On May 31, 2024, Judy L. Altmaier, a director of Allison Transmission Holdings, Inc., reported acquiring 62 dividend equivalent rights.
- These rights are associated with previously awarded deferred stock units (DSUs) and vest proportionally with those 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 1,006 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a transaction related to dividend equivalent rights. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is crucial for maintaining market confidence and regulatory compliance.
Stakeholder Impact
- The acquisition of dividend equivalent rights by a director can be seen as a positive signal to shareholders, indicating confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of transaction: Acquisition of dividend equivalent rights |
| 06/04/2024 | Date of signature for the Form 4 filing |
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