Allient director granted 374-share quarterly retainer
Engel Robert B reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Engel Robert B reported acquisition or exercise transactions in this Form 4 filing.
Allient Inc. director Robert B. Engel received a grant of 374 shares of common stock as part of his quarterly retainer. The shares were valued at $62.07 per share and were awarded under the Company’s Non-Employee Director Compensation Policy and 2017 Omnibus Incentive Plan. After this grant, Engel directly owns 32,237 Allient common shares.
Positive
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Negative
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Insights
Routine quarterly equity grant to a director, with limited standalone impact.
Allient Inc. granted director Robert B. Engel 374 shares of common stock as part of a quarterly retainer, priced at $62.07 per share. The award is issued under the company’s Non-Employee Director Compensation Policy and 2017 Omnibus Incentive Plan.
This type of stock grant is a standard form of non-cash compensation that aligns director incentives with shareholders. Following the grant, Engel directly holds 32,237 shares, indicating ongoing equity-based compensation rather than an open-market purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 374 | $62.07 | $23K |
Footnotes (1)
- F1. Grant of quarterly retainer shares pursuant to the Company's Non-Employee Director Compensation Policy under the 2017 Omnibus Incentive Plan.
FAQ
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What did Allient (ALNT) director Robert B. Engel report on this Form 4?
Is the Allient (ALNT) Form 4 for Robert B. Engel a stock purchase or a compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.