Form 4: Allison Transmission Director Richard Lavin Reports Departure and DSU Transactions
SEC Form 4
Richard Lavin, a director at Allison Transmission Holdings, reports the vesting and payout of deferred stock units (DSUs) following his departure from the company.
Summary
- Richard Lavin, a director at Allison Transmission Holdings, Inc., reported transactions related to deferred stock units (DSUs) on May 7, 2025, following his departure from the company.
- Lavin's term ended on May 7, 2025, as he did not stand for re-election at the company's 2025 annual meeting of stockholders.
- The transactions involved the vesting and payout of various DSU grants, including dividend equivalent rights.
- He disposed of 3,724 common stock units related to DSUs.
- He acquired 280 deferred stock units.
- Following the reported transactions, Lavin beneficially owns 45,134 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions related to a director's departure. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It reflects the standard practice of granting and vesting deferred stock units to directors.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Director | Richard P. Lavin | N/A | May 7, 2025 | End of term; did not stand for re-election |
Stakeholder Impact
- Shareholders may be interested in the details of director compensation and stock ownership.
- The departure of a director could potentially impact the company's strategic direction, although this is not explicitly stated.
Key Dates
| Date | Description |
|---|---|
| May 8, 2024 | Reporting person was granted 425 DSUs that vested on May 8, 2024. |
| May 9, 2024 | Reporting person was granted 2,017 DSUs that vested on May 7, 2025. |
| August 8, 2024 | Reporting person was granted 433 DSUs that vested on August 8, 2024. |
| November 8, 2024 | Reporting person was granted 309 DSUs that vested on November 8, 2024. |
| February 7, 2025 | Reporting person was granted 235 DSUs that vested on February 7, 2025. |
| May 7, 2025 | Director Richard Lavin's term ended; various DSU transactions occurred. |
| May 7, 2025 | Reporting person was granted 280 DSUs that vested on May 7, 2025. |
| May 9, 2025 | Date of the Form 4 filing. |
Keywords
Form 4, Director, Richard Lavin, Allison Transmission Holdings Inc, ALSN, Deferred Stock Units, DSU, Beneficial Ownership, Securities Transaction
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