Form 4: Allison Transmission Executive Scroggins Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
Eric C. Scroggins, VP, Gen. Counsel & Secretary of Allison Transmission Holdings, Inc., reports acquiring dividend equivalent rights related to restricted stock units.
Summary
- On August 30, 2024, Eric C. Scroggins, VP, Gen. Counsel & Secretary of Allison Transmission Holdings, Inc., reported acquiring 13 dividend equivalent rights.
- These rights are associated with previously awarded restricted stock units (RSUs) and 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, Scroggins directly owns 120 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any particular positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies. It provides transparency into the holdings of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 08/30/2024 | Date of transaction: acquisition of dividend equivalent rights |
| 09/04/2024 | Date of signature on the Form 4 filing |
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