Form 4: Allison Transmission Executive Teresa van Niekerk Sells 7,700 Shares
SEC Form 4
Teresa van Niekerk, VP and Chief Procurement Officer of Allison Transmission Holdings Inc, sold 7,700 shares of common stock on May 7, 2024, at an average price of $75.6956.
Summary
- On May 7, 2024, Teresa van Niekerk, VP, Chief Procurement Officer of Allison Transmission Holdings Inc, sold 7,700 shares of common stock.
- The sale was executed at a weighted average price of $75.6956 per share.
- The prices for individual transactions ranged from $75.4500 to $75.9900.
- Following the transaction, van Niekerk directly owns 16,628 shares of Allison Transmission Holdings Inc.
- The sale was reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: Neutral. This is a standard disclosure of an insider stock sale, with no indication of positive or negative sentiment.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Key Dates
| Date | Description |
|---|---|
| 05/07/2024 | Date of the transaction: Sale of 7,700 shares of common stock. |
| 05/08/2024 | Date of the Form 4 filing. |
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