Form 4: Allison Transmission Holdings Inc: Executive Acquires Dividend Equivalent Rights
SEC Form 4 Filing
David S. Graziosi, Chair, President, and CEO of Allison Transmission Holdings Inc, reports acquisition of dividend equivalent rights related to previously awarded restricted stock units.
Summary
- On August 30, 2024, David S. Graziosi, Chair, President, and CEO of Allison Transmission Holdings Inc, acquired 200 dividend equivalent rights.
- These rights are associated with previously awarded restricted stock units (RSUs) and will vest proportionally with those RSUs.
- Each dividend equivalent right represents the economic equivalent of one share of Allison Transmission Holdings, Inc. common stock.
- Following the transaction, Graziosi directly owns 1,779 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any particular positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency regarding the alignment of executive interests with shareholder value through equity-based compensation.
Stakeholder Impact
- The acquisition of dividend equivalent rights aligns the executive's interests with those of shareholders, as the value of these rights is tied to the performance of the company's stock.
Key Dates
| Date | Description |
|---|---|
| 08/30/2024 | Date of transaction: David S. Graziosi acquired dividend equivalent rights. |
| 09/04/2024 | Date of signature on the Form 4 filing. |
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