Form 4: Allison Transmission Executive Transfers Shares to Living Trust
SEC Form 4 Filing
Dana J.H. Pittard, VP of Defense Programs at Allison Transmission Holdings Inc, transferred shares of common stock to the Pittard Living Trust on February 28, 2024.
Summary
- On February 28, 2024, Dana J.H. Pittard, VP of Defense Programs at Allison Transmission Holdings Inc, transferred 1,483 shares of common stock from direct ownership to the Pittard Living Trust.
- The transfer was a gift, and the price per share was $0 for the transaction.
- Following the transaction, Pittard directly owns 3,660 shares and indirectly owns 14,887 shares through the Pittard Living Trust.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding a share transfer for estate planning purposes, with no inherent positive or negative implications for the company's performance.
Industry Context
This is a routine disclosure related to insider transactions and doesn't necessarily reflect a strategic shift or material event for Allison Transmission within the broader industry.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a personal financial matter for the reporting person.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of the share transfer transaction. |
| 02/29/2024 | Date of signature by attorney-in-fact. |
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