Allegion (NYSE: ALLE) exec shifts 3,054 shares into family trust
Rhea-AI Filing Summary
Allegion plc (ALLE) reported an insider Form 4 for Timothy P. Eckersley, President-Intl & SVP-Allegion. On 2026-08-19, he made a bona fide gift transfer of 1,527 ordinary shares from his direct holdings to The Eckersley Family Trust for no consideration, and remains the beneficial owner of those shares. Following the transactions, he directly holds 28,392 ordinary shares and indirectly holds 1,527 ordinary shares through the family trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,054 shares gifted
Gift
2 txns
Insider
Eckersley Timothy P
Role
President-Intl & SVP-Allegion
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Ordinary Shares F1 | 1,527 | $0.00 | $0.00 |
| Gift | Ordinary Shares F1, F2 | 1,527 | $0.00 | $0.00 |
Holdings After Transaction:
Ordinary Shares — 28,392 shares (Direct);
Ordinary Shares — 1,527 shares (Indirect, By Reporting Person's Trust)
Footnotes (2)
- F1. Represents the Reporting Person's transfer of 1,527 shares of the Issuer's ordinary stock to The Eckersley Family Trust, Timothy Paul Eckersley & Suzanne K. Eckersley, Trustees (the "Trust") for no consideration. The Reporting Person and his spouse are the sole beneficiaries of the Trust, and the Reporting Person remains the beneficial owner of the securities held by the Trust.
- F2. Represents ordinary shares held by The Eckersley Family Trust, Timothy Paul Eckersley & Suzanne K. Eckersley, Trustees.
Key Figures
Gifted shares: 1,527 ordinary shares
Direct holdings after transaction: 28,392 ordinary shares
Indirect holdings after transaction: 1,527 ordinary shares
+2 more
5 metrics
Gifted shares
1,527 ordinary shares
Shares transferred on 2026-08-19 from direct ownership to The Eckersley Family Trust as a bona fide gift
Direct holdings after transaction
28,392 ordinary shares
Direct Allegion plc shares held by Timothy P. Eckersley following the gift transfer
Indirect holdings after transaction
1,527 ordinary shares
Ordinary shares held indirectly through The Eckersley Family Trust after the transaction
Total gifted shares reported
3,054 ordinary shares
Aggregate of two reported bona fide gift transactions (both 1,527 shares) in the Form 4 transaction summary
Transaction price per share
$0.0000
Price per share for the gift transfers, reflecting no consideration paid
Key Terms
bona fide gift, beneficial owner, indirect ownership
3 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift" for both transfers of ordinary shares"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
beneficial owner financial
"the Reporting Person remains the beneficial owner of the securities held by the Trust"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
indirect ownership financial
"nature_of_ownership: "By Reporting Person's Trust" indicating indirect ownership through a trust"
FAQ
What insider transaction did ALLE executive Timothy P. Eckersley report?
Timothy P. Eckersley reported a bona fide gift of 1,527 ordinary shares of Allegion plc on 2026-08-19, transferring them from his direct ownership to The Eckersley Family Trust for no consideration while remaining the beneficial owner.
What is the role of the trust in the ALLE Form 4 transaction?
The transaction transfers 1,527 ordinary shares of Allegion plc to The Eckersley Family Trust for no consideration. Timothy Paul Eckersley and Suzanne K. Eckersley are trustees and sole beneficiaries, and he remains the beneficial owner of the shares held by the trust.
Was a Rule 10b5-1 trading plan involved in this ALLE Form 4?
No. The document-level indicator for a Rule 10b5-1 trading plan is set to false, and the footnotes describe the transaction as a bona fide gift to a family trust rather than trades made under a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
