[Form 4] ALLISON TRANSMISSION HOLDINGS, INC. Insider Trading Activity

Rhea-AI Filing Summary

Shivram Krishna, a director of Allison Transmission Holdings, Inc. (ALSN), reported a transaction on 08/29/2025 showing the acquisition of 4 dividend equivalent rights tied to previously awarded restricted stock units (RSUs). The filing states each dividend equivalent right is the economic equivalent of one share of common stock and that these rights vest proportionately with the related RSUs. Following the reported transaction the filing lists 8 shares beneficially owned by the reporting person in a direct ownership form. The transaction was reported on Form 4 and signed by an attorney-in-fact on 09/03/2025.

Insights

Financial Analyst

TL;DR Small insider acquisition of dividend-equivalent rights increases direct holdings modestly; immaterial to valuation.

The filing documents a routine acquisition of four dividend equivalent rights tied to preexisting RSUs, which the company describes as economically equivalent to one share each. The incremental change moves the reporting person's direct beneficial ownership to eight shares. There is no cash price reported and no exercised option or sale activity disclosed. Given the small absolute share count and lack of cash consideration or new equity issuance disclosed, this transaction appears administrative and unlikely to have material impact on company capitalization or investor valuation.

Corporate Governance Expert

TL;DR Administrative vesting disclosure by a director; reflects compensation mechanics rather than strategic signaling.

The narrative and explanation indicate these are dividend equivalent rights that vest with RSUs, a common executive compensation mechanism. The report was filed individually and signed by an attorney-in-fact, consistent with procedure. The filing does not indicate any change in control, plan adoption, or related-party transaction beyond normal compensation vesting. From a governance perspective this is routine disclosure fulfilling Section 16 reporting obligations.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Shivram Krishna

(Last) (First) (Middle)

C/O ALLISON TRANSMISSION HOLDINGS, INC.

ONE ALLISON WAY

(Street)

INDIANAPOLIS IN 46222

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Allison Transmission Holdings Inc [ ALSN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Dividend Equivalent Rights	(1)	08/29/2025		A		4		(1)	(1)	Common Stock	4	$0	8	D

Explanation of Responses:

1. The dividend equivalent rights accrued on previously awarded restricted stock units ("RSUs") and vest proportionately with the RSUs to which they relate. Each dividend equivalent right is the economic equivalent of one share of Allison Transmission Holdings, Inc. common stock.

	/s/ Preston B. Ray, attorney-in-fact	09/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did the Allison Transmission (ALSN) Form 4 report show for Shivram Krishna?

The Form 4 reports the acquisition of 4 dividend equivalent rights tied to previously awarded RSUs on 08/29/2025.

How many shares does Shivram Krishna beneficially own after the reported transaction?

The filing shows 8 shares beneficially owned following the reported transaction, held in direct form.

What are the dividend equivalent rights described in the filing?

The filing explains each dividend equivalent right is the economic equivalent of one share of Allison Transmission common stock and vests proportionately with related RSUs.

Was any cash price reported for the transaction on the Form 4?

No cash price is reported; the entry shows a price of $0 for the acquired dividend equivalent rights.

When was the Form 4 signed and by whom?

The Form 4 was signed by /s/ Preston B. Ray, attorney-in-fact on 09/03/2025.