Allegion (ALLE) insider sells 3,849 shares after option exercise

Allegion plc (ALLE) Form 4 filing discloses insider activity by Tracy L. Kemp, SVP-Chief Information & Digital Officer, on 25 Jul 2025.

Rhea-AI Filing Summary

Allegion plc (ALLE) Form 4 filing discloses insider activity by Tracy L. Kemp, SVP-Chief Information & Digital Officer, on 25 Jul 2025.

• Option exercise (Code M): 2,349 stock options exercised at a strike price of $86.93, converting into the same number of ordinary shares.
• Open-market sales (Code S): 2,349 shares sold at $164.888 and a separate block of 1,500 shares sold at a volume-weighted average price of $164.9759.
• Net effect: 3,849 shares were sold versus 2,349 acquired, trimming direct ownership by 1,500 shares to 8,773.
• Derivative position closed: The exercised option—originally granted 22 Feb 2018 and fully vested by 2021—leaves Kemp with no remaining derivative securities.

The disclosed sale represents roughly $0.64 million in gross proceeds and reduces Kemp’s direct stake by about 15%. No other material events or earnings data are included in the filing.

Insights

Equity Analyst

TL;DR: Routine option exercise and partial share sale; modest 1,500-share reduction, unlikely to materially affect ALLE valuation.

The transaction appears to be a classic sell-to-cover strategy: Kemp exercised in-the-money options struck at $86.93 and immediately sold enough shares—3,849 in total—to monetize gains and cover taxes. The resulting 8,773-share holding suggests continued exposure to Allegion equity, mitigating concerns of a wholesale exit. Volume is immaterial relative to Allegion’s average daily trading volume, so market impact should be negligible. From a valuation standpoint, insider sales of this size rarely signal operational weakness; rather, they are often used for diversification. I view the filing as neutral for investors.

Corporate Governance Specialist

TL;DR: Insider adheres to Section 16 reporting rules; sale size and timing suggest ordinary liquidity event, not red flag.

All disclosures follow SEC Form 4 requirements, including weighted-average pricing footnote and power-of-attorney citation. Exercising options well before the 2028 expiration aligns with typical executive cash-out cadence once options are fully vested. The modest 15% ownership reduction still leaves Kemp with a meaningful equity stake, maintaining alignment with shareholder interests. Governance risk remains low; I classify the event as routine and non-impactful.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 4 txns

Insider Kemp Tracy L

Role SVP-Chief Info. & Digital Ofr

Sold 3,849 shs ($635K)

Approx. gross sale proceeds $635K

Approx. exercise cost $204K

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy)	2,349	$0.00	$0.00
Exercise	Ordinary Shares	2,349	$86.93	$204K
Sale	Ordinary Shares	2,349	$164.888	$387K
Sale	Ordinary Shares	1,500	$164.9759	$247K

Holdings After Transaction: Stock Option (Right to Buy) — 0 contracts (Direct); Ordinary Shares — 8,773 shares (Direct)

Footnotes (2)

1. F1. Represents the sale of 1,500 shares in multiple transactions ranging in price from $164.971 to $165.02 per share, resulting in a weighted average sale price of $164.9759. The reporting person will provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price within the range.
2. F2. A stock option that vested in equal installments on February 22, 2019, February 22, 2020, and February 22, 2021.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many Allegion (ALLE) shares did SVP Tracy L. Kemp sell?

Kemp sold a total of 3,849 shares on 25 Jul 2025.

At what prices were the Allegion shares sold?

2,349 shares were sold at $164.888 and 1,500 shares at a weighted average of $164.9759.

How many stock options did Kemp exercise and at what strike price?

Kemp exercised 2,349 options with a strike price of $86.93 per share.

What is Tracy L. Kemp’s direct ownership after the transactions?

After the trades, Kemp directly owns 8,773 Allegion shares.

Does Kemp have any remaining derivative securities after this filing?

No. The exercised option was fully settled, leaving 0 derivative securities outstanding.

When did the exercised options originally vest?

The option vested in equal installments on 22 Feb 2019, 22 Feb 2020, and 22 Feb 2021.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/29/2025 - 02:57 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Kemp Tracy L

(Last) (First) (Middle)

C/O SCHLAGE LOCK COMPANY LLC

11819 N. PENNSYLVANIA STREET

(Street)

CARMEL IN 46032

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Allegion plc [ ALLE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP-Chief Info. & Digital Ofr

3. Date of Earliest Transaction (Month/Day/Year)
07/25/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	07/25/2025		M		2,349	A	$86.93	12,622	D
Ordinary Shares	07/25/2025		S		2,349	D	$164.888	10,273	D
Ordinary Shares	07/25/2025		S		1,500	D	$164.9759(1)	8,773	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$86.93	07/25/2025		M			2,349	(2)	02/22/2028	Ordinary Shares	2,349	$0	0	D

Explanation of Responses:

1. Represents the sale of 1,500 shares in multiple transactions ranging in price from $164.971 to $165.02 per share, resulting in a weighted average sale price of $164.9759. The reporting person will provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price within the range.

2. A stock option that vested in equal installments on February 22, 2019, February 22, 2020, and February 22, 2021.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Tandra M. Foster, Attorney-In-Fact	07/29/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.