Allison Transmission (NYSE: ALSN) director gains RSUs and share retainer
Rhea-AI Filing Summary
Allison Transmission Holdings Inc director Philip J. Christman reported a series of equity compensation awards and conversions with no open‑market buying or selling. He received 1,503 Restricted Stock Units (RSUs), each representing one share of common stock, as his annual equity award under the company’s Non-Employee Director Compensation Policy.
On the same date, 1,570 previously granted RSUs vested, along with 16 related dividend equivalent rights, and were settled in common stock. Christman also acquired 92 shares of common stock as a quarterly payment of his annual director retainer, calculated using a closing share price of $127.70. The new RSU grant was based on a closing share price of $123.02.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,678 shares
Net Buy
5 txns
Insider
Christman Philip J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,503 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,570 | $0.00 | $0.00 |
| Exercise | Dividend Equivalent Rights | 16 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 92 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,586 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Rights — 0 shares (Direct);
Restricted Stock Units — 1,503 shares (Direct);
Common Stock — 10,568 shares (Direct)
Footnotes (11)
- F1. These shares represent a quarterly payment of the reporting person's annual retainer under the Allison Transmission Holdings, Inc. (the "Company") Eighth Amended and Restated Non-Employee Director Compensation Policy. The annual retainer is paid quarterly in arrears in cash or common stock at the reporting person's discretion.
- F2. The number of shares of common stock received was calculated based on $127.70, which was the closing price of the Company's common stock on the date of grant.
- F3. Settlement of restricted stock units ("RSUs") and related dividend equivalents.
- F4. Includes 16 dividend equivalents.
- F5. Each RSU represents a contingent right to receive one share of the Company's common stock.
- F6. On May 8, 2025, the reporting person was granted 1,570 RSUs that vested on May 6, 2026.
- F7. Each dividend equivalent right is the economic equivalent of one share of the Company's common stock.
- F8. The dividend equivalent rights accrued on previously awarded RSUs and vested on May 6, 2026.
- F9. The RSUs represent the reporting person's annual equity award under the Company's Ninth Amended and Restated Non-Employee Director Compensation Policy.
- F10. The RSUs vest on the date of the next annual meeting of the stockholders of the Company. Unvested RSUs earn dividend equivalents when dividends are declared on the Company's common stock.
- F11. The number of RSUs received was calculated based on $123.02, which was the closing price of the Company's common stock on the date of grant.
Key Figures
New RSU grant: 1,503 RSUs
Vested RSUs: 1,570 RSUs
Dividend equivalents vested: 16 rights
+4 more
7 metrics
New RSU grant
1,503 RSUs
Annual equity award to director; each RSU equals one common share
Vested RSUs
1,570 RSUs
Previously granted RSUs that vested and settled into common stock
Dividend equivalents vested
16 rights
Dividend equivalent rights settled into common stock with RSUs
Quarterly retainer shares
92 shares
Director retainer paid in common stock instead of cash
Retainer pricing reference
$127.70 per share
Closing price used to calculate 92-share retainer payment
RSU grant pricing reference
$123.02 per share
Closing price used to calculate 1,503 RSU grant
Derivative exercises
1,586 shares
Total shares from derivative exercises reported in this Form 4
Key Terms
Restricted Stock Units, Dividend equivalent rights, annual retainer, Non-Employee Director Compensation Policy, +1 more
5 terms
Restricted Stock Units financial
"These shares represent a quarterly payment ... Each RSU represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Dividend equivalent rights financial
"Each dividend equivalent right is the economic equivalent of one share of the Company's common stock"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
annual retainer financial
"These shares represent a quarterly payment of the reporting person's annual retainer under the ... Non-Employee Director Compensation Policy"
Non-Employee Director Compensation Policy financial
"under the Allison Transmission Holdings, Inc. ... Non-Employee Director Compensation Policy"
annual equity award financial
"The RSUs represent the reporting person's annual equity award under the Company's Ninth Amended and Restated Non-Employee Director Compensation Policy"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Philip J. Christman report in this Form 4 for ALSN?
Philip J. Christman reported several equity compensation transactions, all classified as acquisitions. He received new Restricted Stock Units, had prior RSUs and dividend equivalents settle into common stock, and took part of his director retainer in shares instead of cash.
How many new Restricted Stock Units did ALSN director Christman receive?
Christman received 1,503 new Restricted Stock Units. Each RSU represents a contingent right to receive one share of Allison Transmission common stock, forming his annual equity award under the company’s Ninth Amended and Restated Non-Employee Director Compensation Policy.
What RSUs and dividend equivalents vested for ALSN director Christman?
A prior grant of 1,570 RSUs to Christman vested, together with 16 related dividend equivalent rights. These RSUs and dividend equivalents were settled in Allison Transmission common stock, converting previously awarded derivative rights into actual share ownership.
How was Philip Christman’s ALSN director retainer paid in this filing?
Christman received 92 shares of common stock as a quarterly payment of his annual director retainer. The number of shares was calculated using a closing stock price of $127.70 on the grant date, instead of receiving that portion of the retainer in cash.
What prices were used to calculate Christman’s ALSN equity awards?
Two closing share prices were used. The 92-share quarterly retainer payment was based on a $127.70 closing price. The 1,503 new RSU grant was calculated using a $123.02 closing price for Allison Transmission common stock on the respective grant dates.
Does this ALSN Form 4 show any stock sales by Philip Christman?
The Form 4 shows no open-market sales by Christman. All reported transactions are classified as acquisitions, including RSU grants, settlement of previously granted RSUs and dividend equivalent rights, and receipt of common stock as part of his quarterly director retainer.