Form 4: Allison Transmission SVP, Global MSS, John Coll Sells 2,000 Shares
SEC Form 4 Filing
John Coll, SVP, Global MSS of Allison Transmission Holdings Inc, sold 2,000 shares of common stock at $95.8 per share on September 30, 2024, according to a Form 4 filing.
Summary
- On September 30, 2024, John Coll, SVP, Global MSS of Allison Transmission Holdings Inc [ALSN], sold 2,000 shares of common stock at a price of $95.8 per share.
- Following the transaction, Mr. Coll directly owns 10,420 shares of common stock.
- Mr. Coll also indirectly owns 8,906 shares through the John Coll Living Trust dated May 2, 2005.
- The sale was executed under a Rule 10b5-1 trading plan adopted on November 30, 2023.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine insider transaction under a pre-existing trading plan. It doesn't inherently suggest positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure of an insider transaction and doesn't necessarily indicate a change in the company's prospects. Insider sales can be for various personal financial reasons.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 2005/05/02 | Date of John Coll Living Trust |
| 2023/11/30 | Date of adoption of Rule 10b5-1 trading plan |
| 2024/09/30 | Date of transaction (share sale) |
| 2024/10/02 | Date of signature on the Form 4 filing |
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