Allient CFO withholds 947 shares for taxes
Allient Inc.’s Chief Financial Officer, James A. Michaud, reported a routine tax-related share withholding.
Rhea-AI Filing Summary
Allient Inc.’s Chief Financial Officer, James A. Michaud, reported a routine tax-related share withholding. On the indicated date, he instructed the company to withhold 947 shares of common stock at $61.82 per share to cover tax withholding obligations on vesting restricted stock.
Following this tax-withholding disposition, he directly holds 13,963 common shares. He also has an indirect holding of 113 common shares through an ESOP Trust. The transaction reflects compensation-related tax settlement rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 947 | $61.82 | $59K |
| holding | 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.
Key Figures
Key Terms
tax withholding obligations financial
restricted stock financial
ESOP Trust financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Allient (ALNT) report for its CFO?
Does the Allient (ALNT) Form 4 show an open-market sale by the CFO?
What is the role of the ESOP Trust in the Allient (ALNT) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.