Form 4: Allison Transmission Director Receives Quarterly Retainer in Stock
SEC Filing
Director D. Scott Barbour received 99 shares of Allison Transmission Holdings Inc. common stock as a quarterly retainer payment.
Summary
- D. Scott Barbour, a director of Allison Transmission Holdings Inc., received 99 shares of common stock on November 8, 2024, as a quarterly payment of his annual retainer.
- The shares were granted under the company's Eighth Amended and Restated Non-Employee Director Compensation Policy.
- The number of shares was calculated based on the closing price of Allison Transmission's common stock on the date of grant, which was $118.96.
Sentiment
Score: 7
Explanation: The document reflects a routine director compensation matter, which is neutral to slightly positive as it indicates ongoing director engagement and alignment with shareholder interests.
Industry Context
Director compensation through stock grants is a common practice among publicly traded companies to align the interests of directors with those of shareholders.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.
Key Dates
| Date | Description |
|---|---|
| 11/08/2024 | Date of transaction: D. Scott Barbour acquired 99 shares of Allison Transmission Holdings Inc. common stock. |
| 11/12/2024 | Date of signature: Form 4 signed by Preston B. Ray, attorney-in-fact. |
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