Allient (ALNT) awards 403 restricted shares to VP Ashish Bendre
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bendre Ashish reported acquisition or exercise transactions in this Form 4 filing.
Allient Inc. executive Ashish Bendre, VP and Group President, reported a compensation-related equity grant. He received 403 time-based restricted shares of common stock at $77.52 per share under the Company’s 2017 Omnibus Incentive Plan. These restricted shares vest in three equal installments on April 1, 2027, 2028 and 2029.
Following this grant, Bendre directly holds 18,410.975 shares of common stock and indirectly holds 1,155 shares through an ESOP Trust. The filing reflects an equity award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bendre Ashish
Role
VP and Group President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 403 | $77.52 | $31K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 18,410.975 shares (Direct, null);
Common Stock — 1,155 shares (Indirect, By ESOP Trust)
Footnotes (1)
- [object Object]
Key Figures
Restricted shares granted: 403 shares
Reported grant price: $77.52/share
Direct holdings after grant: 18,410.975 shares
+1 more
4 metrics
Restricted shares granted
403 shares
Time-based restricted common stock grant to Ashish Bendre
Reported grant price
$77.52/share
Price per share for the 403 restricted shares
Direct holdings after grant
18,410.975 shares
Allient common stock directly held by Bendre after the award
Indirect holdings via ESOP Trust
1,155 shares
Allient common stock held indirectly by ESOP Trust
Key Terms
time-based restricted shares, 2017 Omnibus Incentive Plan, ESOP Trust, grant/award acquisition
4 terms
2017 Omnibus Incentive Plan financial
"Grant of time-based restricted shares pursuant to the Company's 2017 Omnibus Incentive Plan."
ESOP Trust financial
"total_shares_following_transaction 1155.0000, direct_or_indirect I, nature_of_ownership By ESOP Trust"
grant/award acquisition financial
"transaction_action grant/award acquisition, transaction_code_description Grant, award, or other acquisition"
FAQ
What did Ashish Bendre report in Allient (ALNT) on this Form 4?
Ashish Bendre reported receiving 403 time-based restricted shares of Allient common stock as an equity award. The grant was made under the company’s 2017 Omnibus Incentive Plan and is structured as compensation, not an open-market stock purchase or sale.
Is Ashish Bendre’s Allient (ALNT) Form 4 transaction a market purchase or sale?
No, the Form 4 reflects a grant of restricted shares as compensation, not a market trade. It is coded as a grant or award acquisition, meaning the company awarded shares under its 2017 Omnibus Incentive Plan subject to future vesting.