Allegion (ALLE) SVP logs routine tax-withholding share disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Allegion plc senior vice president David S. Ilardi reported automatic share dispositions to cover taxes on vested stock awards. On two dates, 173 and 159 ordinary shares were withheld by Allegion at a price of $162.92 per share to satisfy tax withholding obligations, leaving him with 13,909 directly owned shares after the latest transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ilardi David S.
Role
SVP - Allegion Americas
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 159 | $162.92 | $26K |
| Tax Withholding | Ordinary Shares | 173 | $162.92 | $28K |
Holdings After Transaction:
Ordinary Shares — 13,909 shares (Direct)
Footnotes (1)
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FAQ
What did Allegion (ALLE) executive David S. Ilardi report on this Form 4?
David S. Ilardi reported that Allegion withheld ordinary shares to cover tax obligations from a restricted stock unit vesting. Two small dispositions were reported, reflecting routine, non-market transactions tied to equity compensation rather than open-market buying or selling activity.
Does the Allegion (ALLE) Form 4 indicate open-market selling by David S. Ilardi?
No, the Form 4 specifies the transactions were tax-withholding dispositions. Allegion withheld shares upon vesting of a restricted stock unit award to cover tax obligations, meaning these were administrative equity-compensation events, not voluntary open-market sales by the executive.
What role does David S. Ilardi hold at Allegion (ALLE) according to the Form 4?
David S. Ilardi is listed as an officer of Allegion, serving as Senior Vice President for Allegion Americas. His position is disclosed in the Form 4 header information, which identifies his executive role in connection with the reported equity-compensation-related share dispositions.