Allegion CEO uses shares to cover tax withholding
Allegion plc President and CEO John H. Stone reported two tax-related share dispositions.
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Rhea-AI Filing Summary
Allegion plc President and CEO John H. Stone reported two tax-related share dispositions. On February 20 and 22, he used 1,658 and 1,527 ordinary shares, respectively, at $162.92 per share to satisfy tax withholding obligations upon vesting of restricted stock units. After these transactions, he directly owned 149,220 ordinary shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 1,527 | $162.92 | $249K |
| Exercise Price or Tax Liability | Ordinary Shares | 1,658 | $162.92 | $270K |
Footnotes (1)
- F1. Represents shares withheld by the Issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.
FAQ
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What did Allegion (ALLE) CEO John H. Stone report in this Form 4?
Does the Allegion (ALLE) Form 4 indicate open-market selling by the CEO?
What does transaction code F mean in the Allegion (ALLE) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.