Form 4: Allison Transmission Holdings Inc: Director Barbour D. Scott Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
Director D. Scott Barbour reports acquiring dividend equivalent rights related to restricted stock units of Allison Transmission Holdings Inc.
Summary
- On May 31, 2024, D. Scott Barbour, a director of Allison Transmission Holdings Inc., reported acquiring 6 dividend equivalent rights.
- These rights are associated with previously awarded restricted stock units (RSUs) and vest proportionally with those RSUs.
- Each dividend equivalent right represents the economic equivalent of one share of Allison Transmission Holdings, Inc. common stock.
- The reporting person directly owns 6 of these derivative securities after the reported transaction.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing. It reports a routine transaction related to executive compensation.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The acquisition of dividend equivalent rights by a director has a minimal direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of transaction: Acquisition of dividend equivalent rights |
| 06/04/2024 | Date of signature for the Form 4 filing |
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