Allison Transmission (ALSN) director granted dividend equivalent rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Christman Philip J reported acquisition or exercise transactions in this Form 4 filing.
Allison Transmission Holdings director Philip J. Christman received a grant of 3 dividend equivalent rights linked to previously awarded restricted stock units.
Each right is economically equivalent to one share of Allison Transmission common stock, giving him 3 such derivative rights reported after this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Christman Philip J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 3 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 3 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Dividend equivalent rights granted: 3 rights
Grant price per right: $0.0000 per right
Dividend equivalent rights after transaction: 3 rights
+1 more
4 metrics
Dividend equivalent rights granted
3 rights
Grant on 2026-05-29 to director Philip J. Christman
Grant price per right
$0.0000 per right
Dividend equivalent rights award
Dividend equivalent rights after transaction
3 rights
Total derivative holdings reported after grant
Underlying common shares
3 shares
Each right equals one share of common stock
Key Terms
Dividend Equivalent Rights, restricted stock units, economic equivalent
3 terms
Dividend Equivalent Rights financial
"security_title: "Dividend Equivalent Rights""
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.
restricted stock units financial
"accrued on previously awarded restricted stock units ("RSUs")"
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.
economic equivalent financial
"Each dividend equivalent right is the economic equivalent of one share"
FAQ
What insider transaction did Allison Transmission (ALSN) report for Philip J. Christman?
Allison Transmission reported that director Philip J. Christman received 3 dividend equivalent rights. These rights were granted at no cost and are tied to previously awarded restricted stock units that had accrued dividend equivalents.
How many dividend equivalent rights were granted in this Allison Transmission (ALSN) Form 4?
The Form 4 shows a grant of 3 dividend equivalent rights. Following this award, the total number of these rights reported for Philip J. Christman in this filing is also 3 dividend equivalent rights.
What are dividend equivalent rights in the Allison Transmission (ALSN) Form 4 filing?
Dividend equivalent rights in this filing are rights that accrued on previously awarded restricted stock units. Each right is described as the economic equivalent of one share of Allison Transmission Holdings Inc. common stock, vesting proportionately with the related RSUs.
At what price were the dividend equivalent rights granted in the Allison Transmission (ALSN) filing?
The dividend equivalent rights were granted at a transaction price per right of $0.0000. This indicates they were awarded without cash cost to the director as part of his existing equity-based compensation structure.
How do the dividend equivalent rights in Allison Transmission (ALSN) vest according to the Form 4?
The dividend equivalent rights vest proportionately with the restricted stock units to which they relate. As the underlying RSUs vest over time, the associated dividend equivalent rights vest in the same proportions, maintaining alignment with the original equity awards.