EVERITT DAVID C 4
4 · Allison Transmission Holdings Inc · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Allison Transmission (ALSN) Director David C. Everitt Receives Award
What Happened
David C. Everitt, a director of Allison Transmission Holdings, Inc. (ALSN), was granted 1,503 deferred stock units (DSUs) on May 7, 2026 as part of his non‑employee director compensation. The Form 4 reports the acquisition as a derivative award (code A) with a $0.00 per‑unit cash price on the filing form; the grant was calculated using the company’s closing stock price of $123.02, implying an economic value of roughly $184,899.
Key Details
- Transaction date: 2026-05-07; Form 4 filed: 2026-05-08 (timely filing).
- Reported on Form 4 as an award/acquisition (derivative) at $0.00 per unit; grant value based on $123.02 closing price.
- Units granted: 1,503 deferred stock units (DSUs) — economic equivalent of 1,503 shares.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: DSUs are deferred under the company’s Non‑Employee Director Deferred Compensation Plan, earn dividend equivalents, vest at the next annual stockholder meeting, and are payable in stock (or cash at the company’s election) upon separation from service or a change in control.
Context
This was a standard director compensation award (deferred stock units), not an open‑market purchase or sale. DSU grants are common for non‑employee directors to defer pay and do not, by themselves, indicate buy/sell intent in the market.
Insider Transaction Report
- Award
Deferred Stock Units
[F1][F2][F4][F3]2026-05-07+1,503→ 36,131 total→ Common Stock (1,503 underlying)
Footnotes (4)
- [F1]The deferred stock units ("DSUs") represent the portion of the reporting person's annual equity award under the Allison Transmission Holdings, Inc. (the "Company") Ninth Amended and Restated Non-Employee Director Compensation Policy deferred pursuant to the Company's Amended and Restated Non-Employee Director Deferred Compensation Plan.
- [F2]Each DSU is the economic equivalent of one share of the Company's common stock. The DSUs become payable, in common stock, or at the Company's election cash, at the earlier of the reporting person's separation from service or a change in control. DSUs earn dividend equivalents when dividends are declared on the Company's common stock.
- [F3]The DSUs vest on the date of the next annual meeting of the stockholders of the Company.
- [F4]The number of DSUs received was calculated based on $123.02, which was the closing price of the Company's common stock on the date of grant.