Bohley G Frederick 4

What Happened
Bohley G. Frederick (insider; role not specified in the provided filing) had restricted stock units (RSUs) and related dividend equivalent rights (DERs) vest on June 4, 2026. The filing shows conversion of derivative awards totaling 543 shares (533 + 10). To satisfy tax withholding, Allison withheld 242 shares at $118.38 per share, generating $28,648 in tax withholding; the insider received a net ~301 shares. These entries are reported as conversion of derivative awards (code M) and tax withholding (code F).

Key Details

• Transaction date: June 4, 2026; Form 4 filed June 8, 2026 (timely within the two-business-day requirement).
• Gross shares issued on settlement: 543 shares (533 and 10).
• Shares withheld for taxes: 242 shares at $118.38 = $28,648 (reported as a disposition, code F).
• Net shares delivered to insider (calculated): ~301 shares (543 − 242).
• Transaction codes: M = conversion/exercise of derivative (RSU/DER conversion to common stock); F = tax withholding/sale-to-cover.
• Footnotes: F1 = settlement of RSUs; F2 = settlement of DERs that vest with RSUs; F3 = shares withheld to satisfy tax withholding obligations.
• Shares owned after the transaction: not disclosed in the provided excerpt.

Context
This was an award settlement (RSUs and DERs) and routine tax withholding — not an open-market purchase or a discretionary sale for investment signaling. The derivative conversions show $0 exercise price as typical for RSU/DER settlements; the withholding is effectively a sell-to-cover for taxes.