Form 4: Allison Transmission Executive Scroggins Acquires Dividend Equivalent Rights

Eric C. Scroggins, VP, Gen. Counsel & Assist. Sec of Allison Transmission Holdings, Inc., reports acquiring 9 dividend equivalent rights related to previously awarded restricted stock units.

Summary

• On March 14, 2025, Eric C. Scroggins, VP, Gen. Counsel & Assist. Sec of Allison Transmission Holdings, Inc., acquired 9 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, Mr. Scroggins directly owns 53 dividend equivalent rights.
• The price of the derivative security is $0.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of an insider transaction related to equity compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell their company's stock. This filing indicates a transaction involving dividend equivalent rights, which are often associated with equity compensation plans.

Key Dates