Allegion (NYSE: ALLE) director awarded 1,074 RSUs vesting June 4, 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SENGSTACK GREGG C reported acquisition or exercise transactions in this Form 4 filing.
Allegion plc director Gregg C. Sengstack reported a compensation-related equity award. He received 1,074 ordinary share-based restricted stock units, bringing his directly held ordinary shares to 2,447 after the award. These restricted stock units vest on June 4, 2027, aligning his pay with long-term performance.
The filing also notes 8,000 ordinary shares held indirectly by the Gregg Sengstack 2020 Dynasty Trust. The trust is overseen by his spouse as trustee, and he does not have sole voting and investment power over those shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SENGSTACK GREGG C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 1,074 | $0.00 | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 2,447 shares (Direct, null);
Ordinary Shares — 8,000 shares (Indirect, By Reporting Person's Trust)
Footnotes (1)
- Restricted stock units that vest on June 4, 2027. Represents ordinary shares held by the Gregg Sengstack 2020 Dynasty Trust. The reporting person's spouse is trustee of the trust, and the reporting person does not have sole voting and investment power over these ordinary shares.
Key Figures
RSU grant size: 1,074 units
RSU vesting date: June 4, 2027
Direct shares after grant: 2,447 shares
+2 more
5 metrics
RSU grant size
1,074 units
Restricted stock units granted on June 4, 2026
RSU vesting date
June 4, 2027
Vesting date for granted restricted stock units
Direct shares after grant
2,447 shares
Ordinary shares directly held following the award
Indirect trust holdings
8,000 shares
Ordinary shares held by Gregg Sengstack 2020 Dynasty Trust
Grant price per share
$0.00 per share
Stated price for the 1,074-share grant
Key Terms
Restricted stock units, Ordinary Shares, Dynasty Trust, voting and investment power
4 terms
Restricted stock units financial
"Restricted stock units that vest on June 4, 2027."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Dynasty Trust financial
"Represents ordinary shares held by the Gregg Sengstack 2020 Dynasty Trust."
voting and investment power financial
"the reporting person does not have sole voting and investment power over these ordinary shares."
FAQ
What did Allegion (ALLE) director Gregg Sengstack report in this Form 4?
Gregg Sengstack reported an equity award of 1,074 restricted stock units tied to Allegion ordinary shares. After this grant, he directly holds 2,447 ordinary shares and has additional indirect holdings through a family trust.
When do Gregg Sengstack’s new Allegion restricted stock units vest?
The 1,074 restricted stock units granted to Gregg Sengstack vest on June 4, 2027. Vesting links the value of these units to Allegion’s future performance and ongoing service through that date, making this a long-term compensation component.
Does this Allegion Form 4 show any open-market buying or selling by Gregg Sengstack?
No open-market purchases or sales are reported. The main activity is a grant of 1,074 restricted stock units at a stated price of $0.00, reflecting a compensation award rather than a market transaction in Allegion shares.