Bendre Ashish 4/A
4/A · ALLIENT INC · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Allient (ALNT) VP Ashish Bendre Withholds 2,005 Shares for Taxes
What Happened
Ashish Bendre, VP and Group President of Allient (ALNT), had 2,005 shares of common stock withheld to satisfy tax withholding obligations upon the vesting of restricted stock. The shares were valued at $61.82 each for a total of $123,949 and are reported as a disposition (tax withholding), not an open‑market sale.
Key Details
- Transaction date: 2026-04-01; withholding price: $61.82 per share; total value: $123,949.
- Shares withheld/disposed: 2,005 shares (code F — tax withholding).
- Shares owned after transaction: 18,192.975 shares.
- Footnote: Reporting person instructed the company to withhold shares to cover tax withholding upon vesting under the shareholder-approved plan (net share settlement).
- Filing: This is an amended Form 4 filed 2026-06-04 to correct an administrative error — the original April 3, 2026 filing incorrectly reported 2,190 shares withheld.
Context
Withholding shares to cover taxes is a routine administrative action when restricted stock vests (a form of net share settlement) and is recorded as a disposition for reporting purposes. It does not represent an open‑market sale or new purchase by the insider and should be viewed as a tax-related adjustment rather than a signal of insider sentiment.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-04-01$61.82/sh−2,005$123,949→ 18,192.975 total
- 1,155(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]On the indicated date, the Reporting Person instructed the Company to withhold shares of common stock to cover tax withholding obligations upon the vesting of restricted stock as permitted under the applicable shareholder-approved stock incentive plan.