Form 4: Allison Transmission Director Lavin Reports Dividend Equivalent Rights Acquisition

Director Richard P. Lavin reports acquisition of dividend equivalent rights related to deferred stock units of Allison Transmission Holdings, Inc.

Summary

• On August 30, 2024, Richard P. Lavin, a director of Allison Transmission Holdings, Inc., reported the acquisition of 74 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, Lavin directly owns 1,777 dividend equivalent rights.
• The reporting was filed on September 4, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to director's compensation. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to previously awarded compensation.

Stakeholder Impact

• The acquisition of dividend equivalent rights by a director may be of interest to shareholders as it reflects the director's alignment with the company's performance.

Key Dates