Form 4: Allison Transmission Executive Exercises Performance Stock Units
SEC Form 4 Filing
Thomas Eifert, VP at Allison Transmission, exercised performance-based restricted stock units and sold shares to cover tax obligations.
Summary
- Thomas Eifert, a VP at Allison Transmission Holdings Inc [ALSN], exercised 6,354 performance stock units (PSUs) on February 28, 2025.
- These PSUs, granted on February 23, 2022, represent the right to receive one share of ALSN common stock each.
- Eifert also disposed of 1,867 shares of common stock at a price of $101.75 to satisfy tax withholding obligations related to the vesting of the PSUs.
- Following these transactions, Eifert directly owns 15,998 shares of ALSN common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction. The sentiment is neutral as it reflects standard executive compensation practices.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's valuation and future prospects.
Key Dates
| Date | Description |
|---|---|
| February 23, 2022 | Date the performance-based restricted stock units (PSUs) were granted. |
| February 28, 2025 | Date of the transaction: exercise of PSUs and sale of shares for tax obligations. |
| March 04, 2025 | Date of the signature on the Form 4 filing. |
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