Allegion (NYSE: ALLE) director receives 1,074 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Allegion plc director Vardhan Dev received an equity award of 1,074 Ordinary Shares on June 4, 2026 as a grant, award, or other acquisition, not an open-market purchase. The award consists of restricted stock units that vest on June 4, 2027. Following this grant, Dev directly holds 5,364 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 |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 1,074 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 5,364 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity award size: 1,074 shares
Post-transaction holdings: 5,364 shares
Grant price: $0.00 per share
+1 more
4 metrics
Equity award size
1,074 shares
Ordinary Shares granted on June 4, 2026
Post-transaction holdings
5,364 shares
Ordinary Shares held directly after grant
Grant price
$0.00 per share
Compensation grant, not open-market purchase
Vesting date
June 4, 2027
Restricted stock units vesting schedule
Key Terms
Restricted stock units, Ordinary Shares, Grant, award, or other acquisition
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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What did Allegion (ALLE) director Vardhan Dev report in this Form 4?
Director Vardhan Dev reported receiving an equity award of 1,074 Ordinary Shares in Allegion plc. The transaction is coded as a grant or award, meaning it is compensation-related rather than an open-market purchase, and increases his directly held stake in the company.
What are the vesting terms of Vardhan Dev’s new Allegion restricted stock units?
The award is in the form of restricted stock units that vest on June 4, 2027. Vesting means Dev must remain eligible through that date before the units fully convert into Ordinary Shares he can freely own or sell, subject to any company policies.
Does this Allegion Form 4 show any stock sales by Vardhan Dev?
The filing does not show any stock sales by Vardhan Dev. It reports only one transaction, an acquisition of 1,074 Ordinary Shares through a restricted stock unit grant, with no corresponding sales or dispositions disclosed in the summarized transaction data.