Allegion (ALLE) SVP Jennifer Hawes has 106 shares withheld for RSU taxes
Rhea-AI Filing Summary
Allegion plc executive Jennifer L. Hawes reported a small share disposition related to tax withholding. On this Form 4, 106 Ordinary Shares were withheld by Allegion at a price of $160.16 per share to satisfy tax obligations upon the vesting of a restricted stock unit award. After this tax-withholding transaction, Hawes directly owned 8,691 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 106 shares
Net Sell
1 txn
Insider
Hawes Jennifer L
Role
SVP - Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 106 | $160.16 | $17K |
Holdings After Transaction:
Ordinary Shares — 8,691 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 did Allegion (ALLE) executive Jennifer L. Hawes report on this Form 4?
Jennifer L. Hawes reported a tax-related share disposition on this Form 4. Allegion withheld 106 Ordinary Shares to cover tax obligations when a restricted stock unit award vested, leaving her with direct ownership of 8,691 Ordinary Shares after the transaction.
Was Jennifer L. Hawes’s Allegion (ALLE) Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The 106 Allegion Ordinary Shares were withheld by the company solely to cover tax withholding obligations when a restricted stock unit award vested, as described in the Form 4 footnote.