Form 4: Allison Transmission Executive Exercises Stock Options and Sells Shares
SEC Form 4 Filing
Thomas Eifert, VP at Allison Transmission, executed stock options and sold shares under a pre-arranged 10b5-1 trading plan.
Summary
- Thomas Eifert, a VP at Allison Transmission Holdings Inc, exercised employee stock options and sold shares of common stock.
- On September 26, 2024, Eifert exercised options to acquire 2,000 shares at a price of $37.11 and sold those shares at $95.
- On October 7, 2024, Eifert exercised options to acquire 1,741 shares at a price of $37.11 and sold those shares at $100.
- These transactions were conducted under a Rule 10b5-1 trading plan adopted on May 13, 2024.
- Following these transactions, Eifert directly owns 9,601 shares of Allison Transmission common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing insider transactions, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a broader trend within the industry. It reflects the individual financial decisions of a company executive.
Key Dates
| Date | Description |
|---|---|
| February 22, 2020 | Employee stock option vested |
| May 13, 2024 | Rule 10b5-1 trading plan adopted |
| September 26, 2024 | Exercised options for 2,000 shares and sold them |
| October 7, 2024 | Exercised options for 1,741 shares and sold them |
| October 08, 2024 | Date of signature for the Form 4 filing |
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