EVERITT DAVID C 4
Research Summary
AI-generated summary
Allison (ALSN) Director David C. Everitt Receives 73-Share Award
What Happened
David C. Everitt, a director of Allison Transmission Holdings, Inc. (ALSN), was awarded 73 derivative shares on May 29, 2026. The grant is recorded at $0.00 per share (no cash was exchanged) and is reported as an award/grant (transaction code A). The filing describes these as dividend equivalent rights that accrue on previously awarded deferred stock units (DSUs).
Key Details
- Transaction date: 2026-05-29; Filing date: 2026-06-02. The filing does not indicate a late report.
- Transaction type/code: Award/Grant (A). Price reported: $0.00. Shares acquired: 73 (derivative).
- Shares owned after transaction: Not specified in the filing summary provided.
- Footnote: Dividend equivalent rights accrued on previously awarded DSUs and vest proportionately with those DSUs; each dividend equivalent is the economic equivalent of one share (Footnote F1).
Context
This was a derivative award tied to deferred stock units (DSUs), not an open-market purchase or sale. Dividend-equivalent rights simply track dividends on DSUs and convert to the economic equivalent of shares as they vest — they do not necessarily indicate the insider bought or sold company stock for personal investment reasons.