Form 4: Allison Transmission Holdings Inc: Executive Acquires Dividend Equivalent Rights
SEC Form 4 Filing
John Coll, SVP at Allison Transmission Holdings, reports acquisition of dividend equivalent rights related to previously awarded restricted stock units.
Summary
- On March 15, 2024, John Coll, SVP of Global MSS at Allison Transmission Holdings Inc, acquired 30 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, Mr. Coll directly owns 170 dividend equivalent rights.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an executive's acquisition of dividend equivalent rights. It's a neutral event with no inherent positive or negative implications for the company's overall financial health or prospects.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the equity-based compensation of key personnel.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, employees, customers, suppliers, and creditors as it relates to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: John Coll acquired dividend equivalent rights. |
| 03/19/2024 | Date of signature for the Form 4 filing. |
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