Form 4: Allison Transmission Executive Acquires Dividend Equivalent Rights

John Coll, SVP at Allison Transmission, acquired 19 dividend equivalent rights related to previously awarded restricted stock units.

Summary

• John Coll, a Senior Vice President at Allison Transmission Holdings Inc., reported the acquisition of 19 dividend equivalent rights.
• These rights are associated with previously awarded restricted stock units and vest proportionally with those units.
• Each dividend equivalent right is economically equivalent to one share of Allison Transmission common stock.
• The transaction occurred on November 27, 2024.
• The reporting was filed on December 2, 2024.

Sentiment

Score: 5

Explanation: The document is a routine filing of an insider transaction, which is neither positive nor negative in itself.

Industry Context

This is a routine filing related to executive compensation and is common practice for publicly traded companies.

Comparison to Industry Standards

• The granting of dividend equivalent rights is a common practice in executive compensation packages, particularly for companies that use restricted stock units.
• Many companies in the automotive and manufacturing sectors use similar compensation structures to align executive interests with shareholder value.
• Companies like Dana Incorporated and BorgWarner also use similar equity-based compensation methods.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it relates to executive compensation.

Key Dates

Keywords

dividend equivalent rights, restricted stock units, insider transaction, executive compensation, Allison Transmission, ALSN