Form 4: Allison Transmission Executive Acquires Dividend Equivalent Rights

Ryan A. Milburn, VP of Engineering & Tech Development at Allison Transmission, acquired 10 dividend equivalent rights related to previously awarded restricted stock units.

Summary

• Ryan A. Milburn, a Vice President at Allison Transmission Holdings Inc, has reported a transaction involving dividend equivalent rights.
• The transaction occurred on November 27, 2024.
• Mr. Milburn acquired 10 dividend equivalent rights.
• These rights are associated with previously awarded restricted stock units (RSUs).
• Each dividend equivalent right is equivalent to one share of Allison Transmission common stock.
• The rights vest proportionally with the RSUs they are related to.

Sentiment

Score: 7

Explanation: The document is a routine SEC filing related to executive compensation, which is neither positive nor negative. It is a neutral event that is expected for companies with stock-based compensation plans.

Industry Context

This is a routine filing related to executive compensation and is common practice for companies that issue stock-based awards.

Comparison to Industry Standards

• Many publicly traded companies use restricted stock units (RSUs) and dividend equivalent rights as part of their executive compensation packages.
• The vesting schedules and terms of these awards are typically aligned with industry standards and company performance goals.
• Companies like Dana Incorporated and BorgWarner also use similar equity-based compensation methods for their executives.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders as it is part of standard executive compensation practices.

Key Dates

Keywords

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