Allison director granted 3 dividend rights
Allison Transmission Holdings Inc (ALSN) director Philip J. Christman reported an acquisition of 3 Dividend Equivalent Rights on August 31, 2026, as a derivative award tied to previously granted restricted stock units.
Rhea-AI Filing Summary
Allison Transmission Holdings Inc (ALSN) director Philip J. Christman reported an acquisition of 3 Dividend Equivalent Rights on August 31, 2026, as a derivative award tied to previously granted restricted stock units. After this grant, he holds 6 Dividend Equivalent Rights, each economically equivalent to one share of common stock and vesting proportionately with the related RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 3 shares
Grant/Award
1 txn
Insider
Christman Philip J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights F1 | 3 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Rights — 6 contracts (Direct)
Footnotes (1)
- F1. 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.
Key Figures
Dividend Equivalent Rights acquired: 3 rights
Dividend Equivalent Rights held after transaction: 6 rights
Underlying common stock equivalent per right: 1 share per right
+2 more
5 metrics
Dividend Equivalent Rights acquired
3 rights
Grant to director Philip J. Christman on August 31, 2026
Dividend Equivalent Rights held after transaction
6 rights
Total derivative holdings in Dividend Equivalent Rights following the grant
Underlying common stock equivalent per right
1 share per right
Each Dividend Equivalent Right is the economic equivalent of one share of common stock
Transaction price per right
$0.00
Reported per-right price for the Dividend Equivalent Rights grant
Underlying shares for this grant
3 shares
Common stock equivalents underlying the 3 newly granted Dividend Equivalent Rights
Key Terms
Dividend Equivalent Rights, restricted stock units, economic equivalent
3 terms
Dividend Equivalent Rights financial
"The dividend equivalent rights accrued on previously awarded restricted stock units"
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
"The dividend equivalent rights accrued on previously awarded restricted stock units"
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 ALSN director Philip J. Christman report?
He reported the grant of 3 Dividend Equivalent Rights on August 31, 2026. These are derivative awards tied to previously granted restricted stock units and provide economic exposure equivalent to Allison Transmission common shares.
How many Dividend Equivalent Rights does Philip J. Christman hold in ALSN after this Form 4?
After the reported transaction, Philip J. Christman holds 6 Dividend Equivalent Rights. Each right is the economic equivalent of one share of Allison Transmission Holdings Inc. common stock and vests proportionately with the related RSUs.
What are Dividend Equivalent Rights in the context of ALSN’s Form 4?
Dividend Equivalent Rights are awards that accrue on previously awarded RSUs and vest proportionately with those RSUs. For this filing, each right is the economic equivalent of one share of Allison Transmission common stock, providing dividend-linked value without immediate share issuance.
Was Philip J. Christman’s ALSN transaction a market purchase or sale of common stock?
No. The Form 4 reports a grant of Dividend Equivalent Rights, classified as a derivative acquisition. There was no reported open-market purchase or sale of Allison Transmission common stock in this filing.
Was the ALSN insider transaction reported under a Rule 10b5-1 trading plan?
No. The filing indicates the Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that the grant was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
