Form 4: Allison Transmission Director Shivram Krishna Reports Stock Transactions

Sentiment:

SEC Form 4


Director Shivram Krishna reports the vesting and settlement of restricted stock units and dividend equivalent rights, resulting in the acquisition and disposal of Allison Transmission Holdings Inc. common stock.

Summary

  • On May 8, 2024, Shivram Krishna, a director of Allison Transmission Holdings Inc., had restricted stock units (RSUs) vest and settle, resulting in the acquisition of 3,196 shares of common stock.
  • These RSUs were granted on May 4, 2023, and vested on May 8, 2024.
  • Additionally, dividend equivalent rights related to these RSUs also vested and settled, resulting in the acquisition of 50 shares of common stock.
  • On May 9, 2024, Krishna acquired 2,017 RSUs as part of his annual equity award under the company's Non-Employee Director Compensation Policy.
  • These RSUs will vest on the date of the next annual meeting of stockholders.
  • The number of RSUs received was calculated based on a price of $76.81 per share, which was the closing price of the company's common stock on the date of grant.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.

Future Outlook

The newly granted RSUs will vest on the date of the next annual meeting of the stockholders of the Company.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common practice for publicly traded companies. It provides transparency into the trading activities of key personnel.

Stakeholder Impact

  • The transactions reported may have a minor impact on shareholders due to the change in ownership of shares.
  • The vesting of RSUs is part of the company's compensation policy, which affects employees and directors.

Key Dates

DateDescription
05/04/2023Reporting person was granted 3,146 RSUs that vested on May 8, 2024.
05/08/2024Vesting and settlement of 3,196 restricted stock units and 50 dividend equivalent rights.
05/09/2024Grant of 2,017 restricted stock units as part of the annual equity award.
05/10/2024Date of signature for the Form 4 filing.

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