Form 4: Carolann I. Haznedar Reports Changes in Beneficial Ownership of Allison Transmission Holdings Inc.

Director Carolann I. Haznedar reports acquisition of dividend equivalent rights related to deferred stock units of Allison Transmission Holdings Inc.

Summary

• Carolann I. Haznedar, a director of Allison Transmission Holdings Inc., filed a Form 4 on June 4, 2024, reporting a transaction on May 31, 2024.
• The transaction involved the acquisition of 64 dividend equivalent rights related to previously awarded deferred stock units (DSUs).
• These dividend equivalent rights vest proportionately with the DSUs to which they relate and are economically equivalent to one share of Allison Transmission Holdings, Inc. common stock each.
• Following the reported transaction, Haznedar directly owns 1,109 dividend equivalent rights.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.

Positives

• The acquisition of dividend equivalent rights suggests continued alignment of the director's interests with those of the shareholders.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the director's holdings and alignment with company performance.

Key Dates