Allegion (ALLE) director receives 1,074-share RSU award, now holds 6,003 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MIZELL STEVEN reported acquisition or exercise transactions in this Form 4 filing.
Allegion plc director Steven Mizell received an equity award of 1,074 shares-equivalent on a compensation basis, not through an open-market purchase. The award is in the form of restricted stock units that vest on June 4, 2027. Following this grant and shares accumulated through a dividend reinvestment plan, he now directly holds 6,003 ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MIZELL STEVEN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 1,074 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 6,003 shares (Direct, null)
Footnotes (1)
- Restricted stock units that vest on June 4, 2027. Includes shares acquired through a dividend reinvestment plan since the reporting person's last Form 4 filing.
Key Figures
Equity award size: 1,074 shares
Award price: $0.00 per share
Post-transaction holdings: 6,003 shares
+1 more
4 metrics
Equity award size
1,074 shares
Grant/award acquisition of Allegion ordinary shares
Award price
$0.00 per share
Compensation grant, no cash paid by reporting person
Post-transaction holdings
6,003 shares
Total Allegion ordinary shares directly held after transaction
Vesting date
June 4, 2027
Restricted stock units vesting date per footnote
Key Terms
Restricted stock units, dividend reinvestment plan, Grant, award, or other acquisition
3 terms
Restricted stock units financial
"Restricted stock units that vest on June 4, 2027."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend reinvestment plan financial
"Includes shares acquired through a dividend reinvestment plan since the reporting person's last Form 4 filing."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Grant, award, or other acquisition regulatory
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Allegion (ALLE) director Steven Mizell report in this Form 4?
Steven Mizell reported receiving an equity award tied to 1,074 Allegion ordinary shares. The transaction is a compensation-related grant at no cash cost, not an open-market share purchase, and increases his direct holdings reported after the award.
Was the Allegion (ALLE) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a grant, coded as an acquisition award, not a market purchase. Mizell received 1,074 shares-equivalent as compensation, reflected at a transaction price of zero, indicating no cash was paid to acquire these shares.
When do Steven Mizell’s Allegion (ALLE) restricted stock units vest?
The filing states the restricted stock units vest on June 4, 2027. Vesting means the units convert into shares he fully owns at that date, subject to any applicable service or other conditions described in Allegion’s compensation arrangements.
What does the dividend reinvestment plan mention mean in the Allegion (ALLE) Form 4?
The footnote explains that some of Mizell’s reported holdings come from a dividend reinvestment plan. Instead of receiving cash dividends, those dividends were automatically used to acquire additional Allegion shares, which are now included in his total direct ownership.