Form 4: Allison Transmission Holdings Inc: Executive John Coll Reports Stock Transactions
SEC Form 4 Filing
John Coll, SVP at Allison Transmission Holdings, reports the vesting and subsequent tax withholding of shares related to restricted stock units and dividend equivalent rights.
Summary
- On February 23, 2024, John Coll, SVP of Global MSS at Allison Transmission Holdings Inc, reported transactions involving common stock.
- These transactions included the vesting of 1,920 restricted stock units (RSUs) and 76 dividend equivalent rights (DERs).
- 582 shares were withheld by Allison Transmission to cover tax obligations related to the vesting of the RSUs and DERs at a price of $74.63.
- Following these transactions, Coll directly owns 18,588 shares of common stock and indirectly owns 8,906 shares through a living trust.
- He also directly owns 1,921 restricted stock units and 140 dividend equivalent rights.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve the vesting of previously granted equity compensation.
- Employees may be interested in the details of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/02/2005 | Date of John Coll Living Trust |
| 02/23/2022 | Date of grant for restricted stock units |
| 02/23/2024 | Date of transactions: vesting of RSUs and DERs, and tax withholding |
| 02/27/2024 | Date of signature for the report |
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