Allegion SVP reports tax withholding share disposition
Allegion plc senior vice president Robert C. Martens reported a small administrative share disposition related to equity compensation.
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Rhea-AI Filing Summary
Allegion plc senior vice president Robert C. Martens reported a small administrative share disposition related to equity compensation. On this Form 4, 107 ordinary shares were withheld at $160.16 per share to satisfy tax obligations when a restricted stock unit award vested.
After this tax-withholding disposition, Martens directly owned 12,563 Allegion ordinary shares. The transaction reflects routine equity award taxation rather than an open-market purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 107 | $160.16 | $17K |
Footnotes (1)
- F1. Represents shares withheld by the Issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Allegion (ALLE) executive Robert Martens report on this Form 4?
Was the Allegion (ALLE) Form 4 transaction an open-market sale?
What does transaction code F mean in the Allegion (ALLE) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.