Form 4: Allison Transmission Executive Acquires Dividend Equivalent Rights

Dana JH Pittard, VP of Defense Programs at Allison Transmission Holdings, acquires dividend equivalent rights related to previously awarded restricted stock units.

Summary

• On March 14, 2025, Dana JH Pittard, VP of Defense Programs at Allison Transmission Holdings Inc., acquired 7 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, Pittard directly owns 42 dividend equivalent rights.
• The price of each derivative security is $0.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives and their holdings in the company's stock and related instruments.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves dividend equivalent rights related to existing equity compensation.

Key Dates

Keywords

Dividend Equivalent Rights, Form 4, Insider Trading, Allison Transmission, ALSN, Pittard, Defense Programs, Restricted Stock Units