Research Summary
AI-generated summary of this SEC filing
Allient (ALNT) Director Steven C. Finch Receives Award
What Happened
Steven C. Finch, a non-employee director of Allient Inc. (ALNT), was granted 291 shares on August 5, 2026 at an effective price of $93.25 per share, a total value of approximately $27,136. The transaction is reported as an award/grant (code A) and represents quarterly retainer compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-08-05; Form 4 filed: 2026-08-06 (timely; within required filing window).
- Type: Award/grant of shares (code A) — 291 shares at $93.25/share; total $27,136.
- Shares owned after transaction: not specified in the filing.
- Footnote: Grant given as quarterly retainer shares under the Company's Non-Employee Director Compensation Policy pursuant to the 2017 Omnibus Incentive Plan (F1).
- No indication of a 10b5‑1 plan, tax‑withholding sale, or exercise/sale of options in this filing.
Context
Retainer share grants to non-employee directors are routine compensation and typically reflect corporate governance pay practices rather than a director taking a market position. This award increases Finch's equity stake modestly but should be viewed as standard director compensation, not a direct trading signal about company performance.