Form 4: Allison Transmission Executive Scroggins Awarded Stock Options and Restricted Stock Units

Eric C. Scroggins, VP, Gen. Counsel & Assist. Sec of Allison Transmission Holdings, Inc., was granted stock options and restricted stock units on February 19, 2025.

Summary

• On February 19, 2025, Eric C. Scroggins, VP, Gen. Counsel & Assist. Sec of Allison Transmission Holdings, Inc., was granted stock options and restricted stock units.
• The stock options allow Scroggins to purchase 3,746 shares of Allison Transmission common stock at an exercise price of $103.78 per share.
• These options vest in three equal installments beginning on February 19, 2026, and expire on February 19, 2035.
• Scroggins also received 1,248 restricted stock units (RSUs), each representing a contingent right to receive one share of Allison Transmission common stock.
• The RSUs vest in three equal annual installments beginning on February 19, 2026.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, which is generally viewed neutrally to positively as it aligns management interests with shareholders. The sentiment is moderately positive.

Positives

• The granting of stock options and RSUs aligns the executive's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the executive.

Industry Context

Granting stock options and restricted stock units is a common practice in corporate America to incentivize executives and align their interests with those of shareholders. This is a standard compensation practice.

Comparison to Industry Standards

• Executive compensation packages, including stock options and RSUs, are common across the automotive and manufacturing industries.
• Companies like Dana Incorporated and BorgWarner also utilize similar equity-based compensation to incentivize their leadership teams.
• The vesting schedules and grant sizes are generally benchmarked against peer companies to ensure competitiveness and retention.

Stakeholder Impact

• Shareholders may view the granting of stock options and RSUs positively as it incentivizes management to improve company performance.
• Employees may see this as a positive sign of the company's commitment to its leadership.

Key Dates