<?xml version="1.0"?>
<ownershipDocument>

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    <periodOfReport>2023-05-03</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0001411207</issuerCik>
        <issuerName>Allison Transmission Holdings Inc</issuerName>
        <issuerTradingSymbol>ALSN</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001195347</rptOwnerCik>
            <rptOwnerName>ASKREN STANLEY A</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O ALLISON TRANSMISSION HOLDINGS, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>ONE ALLISON WAY</rptOwnerStreet2>
            <rptOwnerCity>INDIANAPOLIS</rptOwnerCity>
            <rptOwnerState>IN</rptOwnerState>
            <rptOwnerZipCode>46222</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
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            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

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                    <value>3600</value>
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                    <value>Common Stock</value>
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                    <value>3600</value>
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                <value>Restricted Stock Units</value>
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                    <value>3746</value>
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    <footnotes>
        <footnote id="F1">Represents the deferred stock units (&quot;DSUs&quot;) and related dividend equivalents payable upon the reporting person's separation from service. The reporting person did not stand for re-election at Allison Transmission Holdings, Inc.'s (the &quot;Company&quot;) 2023 annual meeting of stockholders and his term ended on May 3, 2023.</footnote>
        <footnote id="F2">Includes 8,022 DSUs and 514 related dividend equivalents.</footnote>
        <footnote id="F3">Settlement of restricted stock units (&quot;RSUs&quot;) and related dividend equivalents.</footnote>
        <footnote id="F4">Includes 77 dividend equivalents.</footnote>
        <footnote id="F5">Each DSU is the economic equivalent of one share of the Company's common stock. The DSUs become payable, in common stock, or at the Company's election cash, at the earlier of the reporting person's separation from service or a change in control. DSUs earn dividend equivalents when dividends are declared on the Company's common stock.</footnote>
        <footnote id="F6">On May 9, 2019, the reporting person was granted 2,880 DSUs that vested on May 6, 2020.</footnote>
        <footnote id="F7">Each dividend equivalent right is the economic equivalent of one share of the Company's common stock.</footnote>
        <footnote id="F8">The dividend equivalent rights accrued on previously awarded DSUs and were payable on May 3, 2023, the date of the reporting person's separation from service.</footnote>
        <footnote id="F9">On November 8, 2019, the reporting person was granted 454 DSUs that vested on November 8, 2019.</footnote>
        <footnote id="F10">On February 10, 2020, the reporting person was granted 492 DSUs that vested on February 10, 2020.</footnote>
        <footnote id="F11">On May 6, 2020, the reporting person was granted 596 DSUs that vested on May 6, 2020.</footnote>
        <footnote id="F12">On May 7, 2020, the reporting person was granted 3,600 DSUs that vested on May 5, 2021.</footnote>
        <footnote id="F13">Each RSU represents a contingent right to receive one share of the Company's common stock.</footnote>
        <footnote id="F14">On May 5, 2022, the reporting person was granted 3,746 RSUs that vested on May 3, 2023.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/Eric C. Scroggins, Attorney-in-Fact</signatureName>
        <signatureDate>2023-05-05</signatureDate>
    </ownerSignature>
</ownershipDocument>
