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.
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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.
How many ALLIENT INC (ALNT) shares were granted to Stephen Warzala?
Stephen Warzala was granted 3,198 restricted common shares in total: 1,664 time-based restricted shares, 1,189 performance-based restricted shares tied to 2026 goals, and 345 performance-based restricted shares earned on 2025 goals, all under the 2017 Omnibus Incentive Plan.
What are the vesting terms of Stephen Warzala’s time-based restricted ALNT shares?
The time-based restricted shares vest over three years. The 1,664 time-based restricted shares granted to Stephen Warzala vest in equal one-third installments on April 1, 2027, April 1, 2028, and April 1, 2029, subject to continued service and the plan’s terms.
How do Stephen Warzala’s performance-based ALNT restricted shares vest?
Performance-based shares vest based on meeting specified goals. One grant vests over three years if performance goals for the year ending December 31, 2026 are satisfied. Another grant of earned shares vests one-third on April 1, 2026, 2027 and 2028.
What is Stephen Warzala’s direct ALLIENT INC shareholding after these grants?
After the reported grants, Stephen Warzala directly holds 36,028 common shares. The filing also lists additional indirect holdings through trusts and an ESOP trust, reflecting equity interests managed in different ownership capacities.
Under which plan were Stephen Warzala’s ALNT restricted shares granted?
The restricted shares were granted under ALLIENT INC’s 2017 Omnibus Incentive Plan. This plan allows the company to issue time-based and performance-based equity awards to align executive compensation with long-term performance and shareholder interests.