Form 4: Allison Transmission Executive Bohley G Frederick Reports Acquisition of Dividend Equivalent Rights

G Frederick Bohley, SVP, COO, CFO & Treasurer of Allison Transmission Holdings Inc, reports acquiring 50 dividend equivalent rights related to previously awarded restricted stock units.

Summary

• On May 31, 2024, G Frederick Bohley, a senior officer at Allison Transmission Holdings Inc, reported the acquisition of 50 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, Bohley directly owns 322 dividend equivalent rights.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an executive's acquisition of dividend equivalent rights, which is a neutral event.

Industry Context

This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies. It provides transparency into the alignment of executive interests with shareholder value.

Stakeholder Impact

• The acquisition of dividend equivalent rights aligns the executive's interests with those of shareholders, as the value of these rights is tied to the performance of the company's stock.

Key Dates