Tax withholding trims Allegion (NYSE: ALLE) director’s share count
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Allegion plc director Sue Main reported a routine tax-related share withholding linked to a restricted stock unit vesting. The company withheld 292 Ordinary Shares at a value of $130.27 per share to cover tax obligations, rather than executing an open-market sale. Following this disposition, Main directly holds 3,137 Ordinary Shares. In addition, 2,000 Ordinary Shares are held indirectly by the Main‑Schweitzer Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MAIN SUE
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 292 | $130.27 | $38K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 3,137 shares (Direct, null);
Ordinary Shares — 2,000 shares (Indirect, By Reporting Person's Trust)
Footnotes (1)
- Represents shares withheld by the Issuer to cover tax withholding obligations upon vesting of a restricted stock unit award. Represents ordinary shares held by the Main-Schweitzer Revocable Trust.
Key Figures
Shares withheld for taxes: 292 shares
Withholding share value: $130.27 per share
Direct holdings after transaction: 3,137 shares
+1 more
4 metrics
Shares withheld for taxes
292 shares
Withheld to cover tax obligations upon RSU vesting
Withholding share value
$130.27 per share
Value of Allegion Ordinary Shares used for tax withholding
Direct holdings after transaction
3,137 shares
Ordinary Shares directly owned by Sue Main after withholding
Indirect trust holdings
2,000 shares
Ordinary Shares held by the Main-Schweitzer Revocable Trust
Key Terms
restricted stock unit award, tax withholding obligations, revocable trust, tax-withholding disposition
4 terms
restricted stock unit award financial
"cover tax withholding obligations upon vesting of a restricted stock unit award"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
tax withholding obligations financial
"shares withheld by the Issuer to cover tax withholding obligations upon vesting"
revocable trust financial
"Represents ordinary shares held by the Main-Schweitzer Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.