Allegion (NYSE: ALLE) director has 292 shares withheld for RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Allegion plc director Vardhan Dev reported a routine tax-related share disposition. On 2026-06-05, 292 Ordinary Shares were withheld at $130.27 per share to cover tax obligations upon vesting of a restricted stock unit award. Following this withholding, Dev directly holds 5,072 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Vardhan Dev
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 292 | $130.27 | $38K |
Holdings After Transaction:
Ordinary Shares — 5,072 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 292 shares
Withholding price: $130.27 per share
Shares after transaction: 5,072 shares
3 metrics
Tax-withheld shares
292 shares
Ordinary Shares withheld for tax on RSU vesting, June 5, 2026
Withholding price
$130.27 per share
Value used for 292 shares withheld for tax obligations
Shares after transaction
5,072 shares
Ordinary Shares directly held by Vardhan Dev following transaction
Key Terms
tax withholding obligations, restricted stock unit award, Ordinary Shares, tax-withholding disposition
4 terms
tax withholding obligations financial
"shares withheld by the Issuer to cover tax withholding obligations upon vesting"
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 disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Allegion (ALLE) director Vardhan Dev report?
Director Vardhan Dev reported 292 Allegion Ordinary Shares disposed on June 5, 2026. The filing states they were withheld by the issuer to cover tax obligations when a restricted stock unit award vested, rather than an open-market sale.
Was the Allegion (ALLE) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by Allegion to satisfy tax obligations upon vesting of a restricted stock unit award, which is a common, non-discretionary administrative transaction.
What does code "F" mean in the Allegion (ALLE) Form 4 transaction?
Transaction code “F” indicates a tax-withholding disposition, where shares are delivered to the issuer for tax obligations. In this case, Allegion withheld 292 shares upon vesting of a restricted stock unit award, rather than the director choosing to sell shares in the market.