Form 4: Allison Transmission SVP John Coll Sells 2,000 Shares
SEC Form 4 Filing
John Coll, SVP of Global MSS at Allison Transmission Holdings Inc, sold 2,000 shares of common stock at $75.06 per share on June 28, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On June 28, 2024, John Coll, the SVP of Global MSS at Allison Transmission Holdings Inc, sold 2,000 shares of the company's common stock.
- The sale was executed at a price of $75.06 per share.
- Following the transaction, Coll directly owns 14,420 shares of common stock.
- Coll also indirectly owns 8,906 shares through the John Coll Living Trust dated May 2, 2005.
- The sale was conducted under a Rule 10b5-1 trading plan adopted on November 30, 2023.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an insider stock sale. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This is a routine disclosure of an insider stock sale. It is common for executives to use Rule 10b5-1 trading plans to sell shares over time to avoid accusations of insider trading.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant effect given the relatively small number of shares sold and the existence of a pre-arranged trading plan.
Key Dates
| Date | Description |
|---|---|
| 05/02/2005 | Date of John Coll Living Trust |
| 11/30/2023 | Date of adoption of Rule 10b5-1 trading plan |
| 06/28/2024 | Date of stock sale |
| 07/02/2024 | Date of signature on the form |
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