Form 4: Allison Transmission Executive Rafael Basso Reports Stock Transactions
SEC Form 4 Filing
Rafael Basso, VP of Operations at Allison Transmission Holdings Inc, reports the settlement of restricted stock units and dividend equivalent rights, along with associated tax withholding.
Summary
- On February 23, 2024, Rafael Basso, VP of Operations at Allison Transmission Holdings Inc, reported transactions involving common stock.
- These transactions included the settlement of 999 restricted stock units (RSUs) and 38 dividend equivalent rights (DERs).
- Additionally, 314 shares were withheld by ALSN to cover tax obligations related to the vesting of the RSUs and DERs.
- Following these transactions, Basso directly owns 4,624 shares of Allison Transmission Holdings Inc.
- The price per share for tax withholding purposes was $74.63.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve the settlement of previously granted equity compensation.
Key Dates
| Date | Description |
|---|---|
| 02/23/2022 | Date of grant for the restricted stock units that were settled on 02/23/2024 |
| 02/23/2024 | Date of transaction: Settlement of RSUs and DERs, and tax withholding. |
| 02/27/2024 | Date of signature for the Form 4 filing. |
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