Tax withholding trims Allegion (NYSE: ALLE) VP Musial’s stake slightly
Rhea-AI Filing Summary
Allegion plc executive Nickolas A. Musial, VP, Controller & CAO, reported a tax-related share disposition in a Form 4. On this transaction date, 85 ordinary shares were withheld by the company at $160.16 per share to cover tax obligations upon vesting of a restricted stock unit award. After this withholding, Musial directly owned 6,798 ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 85 shares
Net Sell
1 txn
Insider
Musial Nickolas A.
Role
VP, Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 85 | $160.16 | $14K |
Holdings After Transaction:
Ordinary Shares — 6,798 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld by the Issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Allegion (ALLE) report for Nickolas A. Musial?
Allegion reported that executive Nickolas A. Musial had 85 ordinary shares withheld in a Form 4 transaction. The shares were retained by the company to cover tax obligations tied to a restricted stock unit award vesting, rather than being sold on the open market.
What role does Nickolas A. Musial hold at Allegion in this Form 4?
In this Form 4, Nickolas A. Musial is identified as an officer of Allegion, serving as VP, Controller & CAO. The filing classifies his ownership as direct and reports the tax-withholding share disposition and his total remaining directly owned ordinary shares after the transaction.