Bendre Ashish 4
Research Summary
AI-generated summary
Allient (ALNT) VP Ashish Bendre Receives Restricted Share Award
What Happened
- Ashish Bendre, Vice President and Group President of Allient Inc. (ALNT), was granted 403 restricted shares on 2026-05-06 at a reported fair value/price of $77.52 per share, totaling $31,241. This transaction is reported as an award/grant (SEC Form 4 code A), not an open‑market purchase.
Key Details
- Transaction date: 2026-05-06; Filing date (Form 4): 2026-05-08 (filed within the typical two‑business‑day window).
- Price/value: 403 shares × $77.52 = $31,241 (reported acquisition value).
- Shares owned after transaction: not specified in the provided filing data.
- Footnote: Grant made under the Company’s 2017 Omnibus Incentive Plan. The restricted shares vest one‑third each on April 1, 2027, 2028 and 2029.
- Transaction code: A = Award/Grant (time‑based restricted stock).
Context
- This is a time‑based restricted stock award as part of executive compensation; the shares vest over three years and are typically not immediately tradable. Such grants are routine compensation actions and do not by themselves indicate the insider’s short‑term trading intentions.