Allegion (ALLE) CFO nets shares after PSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Allegion plc SVP and CFO Michael J. Wagnes reported equity transactions involving the company’s ordinary shares on 02/04/2026. He acquired 8,328 shares at $0.00 when performance-based restricted stock units (PSUs) granted in February 2023 were earned and vested based on certified performance.
To cover tax withholding on this PSU vesting, 2,773 shares were withheld at $171.205 per share. After these transactions, Wagnes directly owned 30,182 Allegion ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wagnes Michael J.
Role
SVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 8,328 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 2,773 | $171.205 | $475K |
Holdings After Transaction:
Ordinary Shares — 32,955 shares (Direct)
Footnotes (1)
- Represents the number of ordinary shares underlying performance-based restricted stock units (PSUs) granted in February 2023 that were earned and have vested based on the level of performance achieved, as certified by the Issuer's Compensation and Human Capital Committee on February 4, 2026. Represents shares withheld by the Issuer to cover tax withholding obligations upon vesting of the PSUs.
FAQ
What insider transaction did Allegion (ALLE) CFO Michael J. Wagnes report?
Allegion CFO Michael J. Wagnes reported receiving 8,328 ordinary shares on 02/04/2026 from vested performance-based restricted stock units. These shares became deliverable after the Compensation and Human Capital Committee certified the performance level for PSUs granted in February 2023.
What are the performance-based restricted stock units (PSUs) mentioned in the Allegion (ALLE) Form 4?
The PSUs are performance-based restricted stock units granted in February 2023 that convert into Allegion ordinary shares when performance goals are met. On February 4, 2026, Allegion’s Compensation and Human Capital Committee certified performance, causing 8,328 underlying shares to be earned and vest.
What transaction codes appear in Michael J. Wagnes’s Allegion (ALLE) Form 4?
The Form 4 lists transaction code “A” for the acquisition of 8,328 Allegion ordinary shares from vested PSUs at $0.00 and code “F” for the disposition of 2,773 shares. Code “F” reflects shares withheld by Allegion to cover tax withholding obligations tied to that vesting.