Form 4: Allison Transmission Executive Dana Pittard Reports Stock Transactions

Dana Pittard, VP of Defense Programs at Allison Transmission Holdings, reports the settlement of performance stock units and related tax withholding.

Summary

• On February 28, 2025, Dana Pittard, VP of Defense Programs at Allison Transmission Holdings Inc., reported transactions involving the company's common stock.
• Pittard settled 5,372 performance-based restricted stock units (PSUs), receiving 5,372 shares of common stock.
• Additionally, 1,578 shares were withheld by Allison Transmission to cover tax obligations related to the vesting of the PSUs at a price of $101.75.
• Following these transactions, Pittard directly owns 9,041 shares of common stock and indirectly owns 16,965 shares through the Pittard Living Trust.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing detailing stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's a standard practice for executives to receive and trade company stock as part of their compensation.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve the vesting of previously granted stock units.

Key Dates

Keywords

Allison Transmission, ALSN, Dana Pittard, Form 4, Stock Transaction, Performance Stock Units, PSUs, Insider Trading