Allient (ALNT) VP awarded 3,198 restricted shares with multi-year vesting
Rhea-AI Filing Summary
Warzala Stephen reported acquisition or exercise transactions in this Form 4 filing.
ALLIENT INC executive Stephen Warzala, VP and Group President, reported equity awards of common stock as part of his compensation. He received 1,664 time-based restricted shares that vest one-third each on April 1, 2027, 2028 and 2029. He was also granted 1,189 performance-based restricted shares that may vest over three years if performance goals for the year ending December 31, 2026 are met, and 345 performance-based restricted shares that were earned based on 2025 goals and vest one-third each on April 1, 2026, 2027 and 2028. Following these awards, his directly held common stock increased in stages to 36,028 shares, with additional indirect holdings reported through various trusts and an ESOP trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,664 | $62.07 | $103K |
| Grant/Award | Common Stock | 1,189 | $62.07 | $74K |
| Grant/Award | Common Stock | 345 | $62.07 | $21K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Grant of time-based restricted shares pursuant to the Company's 2017 Omnibus Incentive Plan. These restricted shares vest one-third each on April 1, 2027, 2028 and 2029. Grant of performance-based restricted shares pursuant to the Company's 2017 Omnibus Incentive Plan. All or a portion of these restricted shares will vest over a three-year period upon the satisfaction of certain performance goals established by the Compensation Committee for the year ending December 31, 2026. Grant of performance-based restricted shares pursuant to the Company's 2017 Omnibus Incentive Plan. These restricted shares were earned upon the satisfaction of certain performance goals established by the Compensation Committee for the year ended December 31, 2025 and vest one-third each on April 1, 2026, 2027 and 2028.
FAQ
What insider transaction did ALLIENT INC (ALNT) report for Stephen Warzala?
ALLIENT INC reported equity awards to Stephen Warzala, its VP and Group President. He received time-based and performance-based restricted common shares under the company’s 2017 Omnibus Incentive Plan, increasing his directly held stock while aligning compensation with future performance and service milestones.