Form 4: Allison Transmission Executive Acquires Dividend Equivalent Rights
SEC Form 4 Filing
John Coll, SVP at Allison Transmission Holdings, reports acquisition of dividend equivalent rights related to restricted stock units.
Summary
- On May 31, 2024, John Coll, SVP of Global MSS at Allison Transmission Holdings Inc., acquired 30 dividend equivalent rights.
- These rights are associated with previously awarded restricted stock units (RSUs) and will vest proportionally with those RSUs.
- Each dividend equivalent right represents the economic equivalent of one share of Allison Transmission Holdings, Inc. common stock.
- Following the transaction, Mr. Coll directly owns 200 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The acquisition of dividend equivalent rights suggests continued alignment of executive compensation with shareholder value.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company executives and their alignment with company performance.
Stakeholder Impact
- The acquisition of dividend equivalent rights aligns executive interests with shareholder returns.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of transaction: Acquisition of dividend equivalent rights. |
| 06/04/2024 | Date of signature on the Form 4 filing. |
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