Form 4: Allison Transmission Executive Transfers Shares to Living Trust
SEC Form 4
Dana J.H. Pittard, VP of Defense Programs at Allison Transmission Holdings Inc, transferred shares of common stock to the Pittard Living Trust on March 4, 2024.
Summary
- On March 4, 2024, Dana J.H. Pittard, VP of Defense Programs at Allison Transmission Holdings Inc, transferred 2,078 shares of common stock to the Pittard Living Trust.
- The transfer was executed as a gift.
- Following the transaction, Mr. Pittard directly owns 3,660 shares and the Pittard Living Trust indirectly owns 16,965 shares of Allison Transmission Holdings Inc.
- The reporting person has signed the document through an attorney-in-fact.
Sentiment
Score: 5
Explanation: The document is a neutral disclosure of a share transfer. It doesn't indicate positive or negative sentiment regarding the company's performance.
Industry Context
This is a routine disclosure of insider transactions and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a personal financial planning move by an executive.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Date of the transaction: transfer of shares to the Pittard Living Trust |
| 03/06/2024 | Date of signature by attorney-in-fact |
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