Scroggins Eric C. 4
Research Summary
AI-generated summary
Allison (ALSN) CLO Eric Scroggins Receives 4,142 RSU Award
What Happened
- Eric C. Scroggins, Chief Legal Officer & Assistant Secretary of Allison Transmission Holdings, Inc. (ALSN), received an award of 4,142 restricted stock units (RSUs) on February 25, 2026.
- The grant is reported as an award/acquisition (transaction code A) at $0.00 per unit — a contingent right to receive shares rather than an open‑market purchase. No cash was paid at grant and no immediate shares were issued.
Key Details
- Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (filed timely).
- Transaction type/code: Award of RSUs (Code A). Price reported: $0.00 per RSU (derivative award).
- Number of RSUs: 4,142.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes: F1 — each RSU represents a contingent right to receive one share of ALSN common stock; F2 — RSUs vest in three equal annual installments beginning February 25, 2027.
- No 10b5-1 plan, tax‑withholding, or sale of shares reported in this filing.
Context
- RSUs are a form of equity compensation that convert to shares only when they vest; this grant does not represent an immediate market purchase or sale. Vesting over three years is a typical retention incentive and does not by itself indicate insider sentiment about near‑term stock performance.