Form 4: Allison Transmission Executive Acquires Dividend Equivalent Rights

G. Frederick Bohley, COO, CFO & Treasurer of Allison Transmission Holdings Inc., acquired 35 dividend equivalent rights related to previously awarded restricted stock units.

Summary

• G. Frederick Bohley, the COO, CFO & Treasurer of Allison Transmission Holdings Inc., has reported a transaction involving dividend equivalent rights.
• On November 27, 2024, Mr. Bohley acquired 35 dividend equivalent rights.
• These rights are associated with previously awarded restricted stock units and vest proportionally with those units.
• Each dividend equivalent right is equivalent to one share of Allison Transmission Holdings, Inc. common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation, which is neither positive nor negative. It is a normal part of company operations.

Industry Context

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

Comparison to Industry Standards

• Many publicly traded companies use restricted stock units and dividend equivalent rights as part of their executive compensation packages.
• The vesting schedule and terms of these rights are typically aligned with industry standards for executive compensation.
• Similar filings are common among companies like Dana Incorporated (DAN) and Meritor, Inc. (MTOR), which are also in the automotive and commercial vehicle components sector.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it is related to executive compensation.
• The transaction does not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

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