Form 4: Allison Transmission Director Receives Stock Payment for Retainer

Philip J. Christman, a director at Allison Transmission Holdings Inc, acquired 102 shares of common stock as part of his quarterly retainer payment.

Summary

• On February 7, 2025, Philip J. Christman, a director of Allison Transmission Holdings Inc, acquired 102 shares of common stock.
• This acquisition was part of his quarterly payment under the company's Eighth Amended and Restated Non-Employee Director Compensation Policy.
• The shares were valued at $115.80 each, based on the closing price of Allison Transmission's common stock on the grant date.
• Following the transaction, Christman beneficially owns 6,350 shares of Allison Transmission stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally. The fact that the director is receiving stock could be seen as a positive sign of alignment with shareholder interests.

Positives

• The director's stock ownership aligns his interests with those of the shareholders.

Industry Context

Director compensation through stock grants is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Stock grants as part of director compensation are common among publicly traded companies.
• Companies like Caterpillar, Cummins, and Dana Incorporated also use a mix of cash and stock for director compensation.
• The specific amount and terms vary based on company size, performance, and industry practices.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates