Form 4: Allison Transmission Director Richard P. Lavin Acquires Deferred Stock Units
SEC Form 4 Filing
Director Richard P. Lavin acquired 235 deferred stock units of Allison Transmission Holdings Inc. on February 7, 2025, representing a quarterly payment of director fees.
Summary
- On February 7, 2025, Richard P. Lavin, a director of Allison Transmission Holdings Inc., acquired 235 deferred stock units (DSUs).
- These DSUs represent a quarterly payment of his annual retainer and other fees under the company's director compensation policy.
- The DSUs are payable in common stock or cash at the company's election upon separation from service or a change in control.
- The price used to calculate the number of DSUs was $115.80 per share, the closing price of Allison Transmission's common stock on the date of grant.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to director compensation, with neutral sentiment.
Future Outlook
The DSUs become payable in common stock or cash at the company's election at the earlier of the reporting person's separation from service or a change in control.
Industry Context
This filing reflects standard compensation practices for non-employee directors, often involving deferred stock units that align director interests with long-term shareholder value.
Stakeholder Impact
- The transaction has a minor positive impact on stakeholders by aligning director interests with the long-term performance of the company.
Key Dates
| Date | Description |
|---|---|
| 02/07/2025 | Date of transaction: Richard P. Lavin acquired 235 deferred stock units. |
| 02/11/2025 | Date of signature on the Form 4 filing. |
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