Form 4: Allison Transmission Director Richard Lavin Reports Dividend Equivalent Rights Acquisition
SEC Form 4 Filing
Director Richard P. Lavin reports the acquisition of dividend equivalent rights related to deferred stock units of Allison Transmission Holdings, Inc.
Summary
- On March 15, 2024, Richard P. Lavin, a director of Allison Transmission Holdings, Inc., acquired 86 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 this transaction, Lavin directly owns 1,611 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine transaction related to executive compensation.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The acquisition of dividend equivalent rights has a minimal direct impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: Acquisition of dividend equivalent rights |
| 03/19/2024 | Date of signature on the Form 4 filing |
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