Tax withholding reduces Allegion (NYSE: ALLE) director Ellen Rubin’s shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Allegion plc director Ellen Rubin had 292 Ordinary Shares withheld by the company on tax grounds. On this date, the issuer retained these shares at a price of $130.27 per share to cover tax withholding obligations triggered by the vesting of a restricted stock unit award.
After this compensation-related tax withholding, Rubin directly held 3,419 Ordinary Shares. This was not an open-market sale or purchase but an automatic share disposition to satisfy taxes tied to equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rubin Ellen
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 292 | $130.27 | $38K |
Holdings After Transaction:
Ordinary Shares — 3,419 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 292 shares
Withholding price per share: $130.27 per share
Shares held after transaction: 3,419 shares
+2 more
5 metrics
Shares withheld for taxes
292 shares
Withheld to cover tax obligations on RSU vesting
Withholding price per share
$130.27 per share
Valuation used for 292 withheld Ordinary Shares
Shares held after transaction
3,419 shares
Direct Ordinary Shares held by Ellen Rubin after withholding
Transaction code
F
Payment of tax liability by delivering securities
Transaction date
2026-06-05
Date shares were withheld for tax obligations
Key Terms
restricted stock unit award, tax withholding obligations, Ordinary Shares, Form 4, +1 more
5 terms
restricted stock unit award financial
"upon vesting of a restricted stock unit award"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
tax withholding obligations financial
"shares withheld by the Issuer to cover tax withholding obligations"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Payment of exercise price or tax liability by delivering securities regulatory
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
FAQ
What did Allegion (ALLE) director Ellen Rubin report in this Form 4?
Ellen Rubin reported that 292 Allegion Ordinary Shares were withheld by the company. The shares covered tax obligations arising when a restricted stock unit award vested, rather than reflecting an open-market sale or discretionary trade.
Was the Allegion (ALLE) Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. Allegion withheld 292 shares to satisfy Rubin’s tax withholding obligations upon vesting of a restricted stock unit award, a routine compensation-related disposition.
What does transaction code "F" mean in this Allegion (ALLE) Form 4?
Transaction code "F" indicates payment of an exercise price or tax liability by delivering securities. Here, 292 Allegion shares were withheld by the issuer to cover Ellen Rubin’s tax withholding obligations on a restricted stock unit award.