Allient VP has shares withheld for tax on vesting
Allient Inc. VP and Group President Ashish Bendre reported routine share activity related to equity compensation.
Rhea-AI Filing Summary
Allient Inc. VP and Group President Ashish Bendre reported routine share activity related to equity compensation. On the indicated date, he had 2,005 shares of common stock withheld at $61.82 per share to satisfy tax obligations upon the vesting of restricted stock.
These shares were withheld by the company under a shareholder-approved stock incentive plan and were not sold in the open market. After this tax-withholding disposition, Bendre directly held 18,192.975 common shares, and an additional 1,155 common shares were held indirectly through an ESOP Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 2,005 shares
Exercise Price or Tax Liability
2 txns
Insider
Bendre Ashish
Role
VP and Group President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,005 | $61.82 | $124K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 18,192.975 shares (Direct);
Common Stock — 1,155 shares (Indirect, By ESOP Trust)
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.
Key Figures
Tax-withheld shares: 2,005 shares
Withholding price: $61.82 per share
Direct holdings after transaction: 18,192.975 shares
+2 more
5 metrics
Tax-withheld shares
2,005 shares
Common Stock withheld to cover tax obligations on vesting
Withholding price
$61.82 per share
Value used for tax-withholding disposition of common stock
Direct holdings after transaction
18,192.975 shares
Common Stock directly held following tax-withholding disposition
Indirect ESOP Trust holdings
1,155 shares
Common Stock held indirectly through ESOP Trust
Tax-withholding transactions
1 transaction, 2,005 shares
Summary of F-code tax-withholding activity
Key Terms
tax withholding obligations, restricted stock, ESOP Trust, stock incentive plan, +1 more
5 terms
tax withholding obligations financial
"withhold shares of common stock to cover tax withholding obligations upon the vesting"
restricted stock financial
"tax withholding obligations upon the vesting of restricted stock as permitted"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
ESOP Trust financial
"total_shares_following_transaction: "1155.0000" ... nature_of_ownership: "By ESOP Trust""
stock incentive plan financial
"as permitted under the applicable shareholder-approved stock incentive plan"
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Allient Inc. (ALNT) report for Ashish Bendre?
Allient Inc. reported that VP and Group President Ashish Bendre had 2,005 common shares withheld to cover tax obligations on vested restricted stock, a routine compensation-related transaction rather than an open-market sale, under the company’s shareholder-approved stock incentive plan.
Was the Allient Inc. (ALNT) Form 4/A transaction an open-market sale?
No, the Form 4/A shows a tax-withholding disposition, not an open-market sale. The company withheld 2,005 shares at $61.82 per share to satisfy tax obligations when restricted stock vested under a stock incentive plan.
What does the ESOP Trust holding for Allient Inc. (ALNT) signify in this filing?
The filing notes an indirect holding of 1,155 Allient Inc. common shares by an ESOP Trust. This indicates shares are held on behalf of Ashish Bendre through the employee stock ownership plan, separate from his directly held 18,192.975 shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
