Form 4: Allison Transmission Executive Sells 2,000 Shares Under 10b5-1 Trading Plan

Sentiment:

SEC Form 4 Filing


John Coll, SVP at Allison Transmission Holdings Inc, sold 2,000 shares of common stock on April 1, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

  • On April 1, 2024, John Coll, SVP of Global MSS at Allison Transmission Holdings Inc, sold 2,000 shares of common stock.
  • The sale was executed under a Rule 10b5-1 trading plan adopted on November 30, 2023.
  • The shares were sold at a weighted average price of $81.0605, with individual prices ranging from $80.7800 to $81.1100.
  • Following the transaction, John Coll directly owns 16,420 shares and indirectly owns 8,906 shares through the John Coll Living Trust dated May 2, 2005.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing regarding an insider stock sale. It doesn't convey any particularly positive or negative sentiment about the company's performance or prospects.

Industry Context

This filing is a routine disclosure of an insider stock sale and doesn't necessarily indicate a change in the company's outlook or performance. It is common for executives to use 10b5-1 plans to diversify their holdings and avoid accusations of insider trading.

Stakeholder Impact

  • The stock sale may have a minor impact on shareholders due to the increased supply of shares, but the effect is likely to be minimal given the relatively small volume of shares sold.

Key Dates

DateDescription
05/02/2005Date of John Coll Living Trust
11/30/2023Date of adoption of Rule 10b5-1 trading plan
04/01/2024Date of stock sale
04/03/2024Date of Form 4 filing

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