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 16 dividend equivalent rights related to previously awarded restricted stock units.
Summary
- On May 31, 2024, Eric C. Scroggins, VP, Gen. Counsel & Secretary of Allison Transmission Holdings, Inc., reported acquiring 16 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, Scroggins directly owns 107 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and holdings, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of transaction: Acquisition of dividend equivalent rights. |
| 06/04/2024 | Date of signature on the report. |
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