Allegion (NYSE: ALLE) SVP reports small tax-withholding share dispositions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Allegion plc senior vice president and chief technology officer Vincent Wenos reported two small share dispositions tied to tax withholding on vested restricted stock units. On February 20 and February 22, a total of 190 ordinary shares were withheld at $162.92 per share to satisfy tax obligations, rather than sold in the open market. After these transactions, Wenos directly holds 13,193 ordinary shares of Allegion.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wenos Vincent
Role
SVP - Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 92 | $162.92 | $15K |
| Tax Withholding | Ordinary Shares | 98 | $162.92 | $16K |
Holdings After Transaction:
Ordinary Shares — 13,193 shares (Direct)
Footnotes (1)
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FAQ
What did Allegion (ALLE) executive Vincent Wenos report in this Form 4?
Vincent Wenos reported two tax-related share dispositions. A total of 190 Allegion ordinary shares were withheld by the company in connection with restricted stock unit vesting to satisfy tax obligations, rather than being sold in open market transactions.
Does this Allegion (ALLE) Form 4 show an open market sale by Vincent Wenos?
No, the Form 4 reflects tax-withholding dispositions, not open market sales. Shares were withheld by Allegion to cover Vincent Wenos’ tax obligations when restricted stock units vested, as described in the filing’s explanatory footnote.
What is the transaction code used in Vincent Wenos’ Allegion (ALLE) Form 4?
Both entries use transaction code F, indicating a tax-withholding disposition. This code shows shares were delivered to cover exercise price or tax liability, consistent with the filing’s footnote about restricted stock unit vesting.