Michaud James A 4
Research Summary
AI-generated summary
Allient (ALNT) CFO James Michaud Receives Restricted Share Awards
What Happened
James A. Michaud, Chief Financial Officer of Allient Inc. (ALNT), was granted three awards on March 5, 2026 totaling 5,359 restricted shares at an agreed value of $62.07 per share (aggregate value $332,634). The grants break down as: 2,739 time‑based restricted shares ($170,010), 2,055 performance‑based restricted shares ($127,554), and 565 performance‑based restricted shares ($35,070). These were awards (code A), not open‑market purchases or sales.
Key Details
- Transaction date: 2026-03-05; Filing date (Form 4): 2026-03-09 — filed within the standard two business‑day window.
- Price/value: $62.07 per share; total value $332,634.
- Shares granted: 2,739 (time‑based), 2,055 (performance‑based), 565 (performance‑based); total 5,359 shares.
- Shares owned after transaction: Not specified in the filing.
- Notable footnotes:
- F1 (2,739 shares): time‑based RSUs vest one‑third on April 1 of 2027, 2028 and 2029.
- F2 (2,055 shares): performance RSUs that may vest over three years upon satisfaction of performance goals for year ending 12/31/2026.
- F3 (565 shares): performance RSUs earned for 2025 performance; vest one‑third on April 1 of 2026, 2027 and 2028.
Context
These awards are equity compensation (not cash purchases) intended for retention and incentive. Time‑based RSUs vest on set dates; performance RSUs only vest if specified goals are met (F2 could fail to vest if goals aren’t achieved, whereas F3 was already earned and now vests over the listed schedule). Such grants are common for executives and do not by themselves indicate a buy/sell decision in the open market.