Allegion CFO covers taxes with 482 shares
Allegion plc SVP and CFO Michael J. Wagnes reported a tax-related share disposition.
Rhea-AI Filing Summary
Allegion plc SVP and CFO Michael J. Wagnes reported a tax-related share disposition. On February 24, 2026, 482 Ordinary Shares at $160.16 per share were withheld by the company to cover tax obligations upon vesting of a restricted stock unit award.
After this tax-withholding disposition, Wagnes directly holds 31,299 Ordinary Shares of Allegion. The transaction reflects share withholding for taxes rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 482 shares
Exercise Price or Tax Liability
1 txn
Insider
Wagnes Michael J.
Role
SVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 482 | $160.16 | $77K |
Holdings After Transaction:
Ordinary Shares — 31,299 shares (Direct)
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 insider transaction did Allegion (ALLE) report for Michael J. Wagnes?
Allegion reported that SVP and CFO Michael J. Wagnes had 482 Ordinary Shares withheld to satisfy tax obligations upon vesting of a restricted stock unit award, rather than executing an open-market trade, as disclosed in a Form 4 filing.
Was Michael J. Wagnes’ Allegion (ALLE) transaction an open-market sale?
No, the transaction was not an open-market sale. Allegion withheld 482 Ordinary Shares to satisfy Michael J. Wagnes’ tax obligations upon restricted stock unit vesting, classified as a tax-withholding disposition under transaction code F.
AI-generated analysis. How Rhea-AI works. Not financial advice.