Allegion (NYSE: ALLE) director gets 1,074-share equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Parent Haughey Nicole reported acquisition or exercise transactions in this Form 4 filing.
Allegion plc director Nicole Parent Haughey received an equity award covering 1,074 ordinary shares as a grant, not an open-market purchase. The award is in the form of restricted stock units that vest on June 4, 2027. After this grant, she directly holds 8,230 ordinary shares, a figure that includes shares accumulated through a dividend reinvestment plan since her prior Form 4.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Parent Haughey Nicole
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 1,074 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 8,230 shares (Direct, null)
Footnotes (1)
- Restricted stock units that vest on June 4, 2027. Includes shares acquired through a dividend reinvestment plan since the reporting person's last Form 4 filing.
Key Figures
Equity award size: 1,074 shares
Post-transaction holdings: 8,230 shares
Vesting date: June 4, 2027
+1 more
4 metrics
Equity award size
1,074 shares
Grant of ordinary-share-based restricted stock units
Post-transaction holdings
8,230 shares
Direct ordinary shares held after the award
Vesting date
June 4, 2027
Restricted stock units vesting schedule
Award price per share
$0.0000
Grant made at no cash cost to the director
Key Terms
Restricted stock units, dividend reinvestment plan, Form 4
3 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.
dividend reinvestment plan financial
"Includes shares acquired through a dividend reinvestment plan since the reporting person's last Form 4 filing."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Form 4 regulatory
"since the reporting person's last Form 4 filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Allegion (ALLE) director Nicole Parent Haughey report in this Form 4?
Nicole Parent Haughey reported receiving a grant covering 1,074 ordinary shares of Allegion. The award was made at no cash cost to her and is part of her director compensation, increasing her direct holdings to 8,230 ordinary shares following the transaction.
Is the Allegion (ALLE) Form 4 a stock purchase or a compensation award?
The Form 4 shows a compensation award, not an open-market stock purchase. The transaction is coded as a grant or award acquisition, meaning the director received 1,074 shares as equity compensation rather than buying them on the market with personal funds.
When do Nicole Parent Haughey’s Allegion (ALLE) restricted stock units vest?
The restricted stock units underlying this Allegion award vest on June 4, 2027. Vesting means the units convert into unrestricted shares over time, aligning the director’s compensation with long-term company performance and encouraging continued board service through the vesting date.
Does the Allegion (ALLE) Form 4 mention a dividend reinvestment plan?
Yes. A footnote explains that Haughey’s reported holdings include shares acquired through a dividend reinvestment plan. This means some dividends paid on her Allegion shares were automatically used to buy additional shares rather than being taken in cash.