Christman Philip J 4
Research Summary
AI-generated summary
Allison Transmission (ALSN) Director Philip Christman Receives Award (4 units)
What Happened
- Philip J. Christman, a director of Allison Transmission Holdings, Inc., received an award on 2026-03-20 consisting of 4 dividend-equivalent rights (derivative units) related to previously granted restricted stock units (RSUs). The reported per-unit price is $0.00, total reported value $0.00. This was an award/grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-20; Form 4 filed: 2026-03-24.
- Transaction type: Award/Grant (A); 4 derivative units @ $0.00 (total $0.00).
- Shares owned after the transaction: not specified in the provided filing.
- Footnote: The 4 units are dividend equivalent rights that accrue on previously awarded RSUs and vest proportionately with those RSUs; each dividend equivalent equals the economic equivalent of one Allison common share (see footnote F1).
- Timeliness: The Form 4 was filed 4 days after the transaction date; Form 4s are typically due within 2 business days, so this filing timing may warrant a check for tardiness.
Context
- Dividend-equivalent rights are compensation-related derivative awards that mirror dividends on RSUs and generally vest with the underlying RSUs; they are not the same as an outright purchase of stock and do not by themselves signal a personal investment decision.
- For retail investors, awards and dividend-equivalent accruals are routine executive/director compensation disclosures and should be viewed differently from open-market buys or sales.