Form 4: Allison Transmission Executive Sells Shares
SEC Form 4
Eric C. Scroggins, VP, Gen. Counsel & Secretary of Allison Transmission Holdings, Inc., sold 2,762 shares of common stock at an average price of $109.6352 on November 5, 2024.
Summary
- On November 5, 2024, Eric C. Scroggins, VP, Gen. Counsel & Secretary of Allison Transmission Holdings, Inc., sold 2,762 shares of common stock.
- The sale was executed at a weighted average price of $109.6352 per share, with individual transactions ranging from $109.58 to $109.72.
- Following the transaction, Scroggins directly owns 12,610 shares of Allison Transmission Holdings, Inc.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of an insider stock sale. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the sale.
Key Dates
| Date | Description |
|---|---|
| 11/05/2024 | Date of the stock sale transaction |
| 11/07/2024 | Date of signature on the Form 4 filing |
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