Allegion Plc SEC Filings

Allegion plc senior vice president Robert C. Martens, the company’s SVP-Chief Innovation & Design, completed an open-market sale of 3,993 Ordinary Shares on May 7, 2026 at a price of $137.15 per share. After this transaction, he directly holds 8,570 Ordinary Shares of Allegion. This filing reflects a discretionary share sale by a senior officer rather than an option exercise or tax-related transaction.

Allegion plc submitted a Form 144 notice that lists proposed sales of Ordinary Shares under Rule 144 associated with equity vesting events. The filing shows multiple vested awards with listed share amounts (for example, 1,676, 1,043, 291 shares) and an execution date of 05/07/2026.

Allegion plc reports institutional ownership by Vanguard Portfolio Management LLC totaling 4,601,917 shares, representing 5.34% of the company's outstanding common stock as of 03/31/2026.

The filing (Schedule 13G) shows Vanguard Portfolio Management has sole dispositive power over 4,601,917 shares and sole voting power for 10,460 shares. The report was signed on 04/28/2026 by Ashley Grim as Head of Global Fund Administration.

Allegion plc reported that Vanguard Capital Management beneficially owns 6,464,700 shares of Common Stock, representing 7.50% of the class. The filing lists 859,922 shares as sole voting power and states dispositive power rests solely with Vanguard Capital Management.

Allegion plc reported higher sales but slightly lower profit for the quarter ended March 31, 2026. Net revenues rose 9.7% to $1,033.6 million, driven by pricing, acquisitions and favorable currency, while volumes declined. Operating margin slipped to 18.9% from 20.9% as mix, inflation and acquisition-related costs weighed on results.

Net earnings decreased to $138.1 million, with diluted EPS of $1.59 versus $1.71 a year earlier. Allegion acquired Door Components, Inc. for about $70 million, funded partly with its revolving credit facility. It generated $101.3 million of operating cash flow, paid a $0.55 per-share dividend and repurchased roughly 0.3 million shares for $40.6 million, while the board refreshed a $500 million buyback authorization.

Allegion plc reported mixed first-quarter 2026 results with solid revenue growth but lower earnings. Net revenues were $1,033.6 million, up 9.7% year over year, or 2.6% on an organic basis, helped by acquisitions and foreign currency tailwinds.

Net earnings were $138.1 million, down from $148.2 million, with diluted EPS of $1.59 versus $1.71. Adjusted EPS was $1.80, down 3.2% from $1.86, as operating margin declined to 18.9% from 20.9%, and adjusted operating margin fell to 21.2% from 22.7%.

The Americas segment grew revenues 6.9% (4.5% organic), led by non-residential demand and pricing, though adjusted operating margin slipped to 28.1%. International revenues rose 21.5% but declined 5.3% organically, as ERP-related production disruptions in a legacy mechanical business hurt volumes and reduced adjusted operating margin to 8.0%.

Available cash flow was $80.3 million, slightly below the prior year, and the company ended the quarter with $308.9 million in cash and $2,030.7 million in total debt. Allegion repurchased about 0.3 million shares for roughly $40 million, paid $0.55 per-share dividends, and authorized a new $500 million share repurchase program.

For full-year 2026, Allegion raised its reported revenue growth outlook to 6% to 8%, affirmed organic revenue growth of 2% to 4%, and maintained adjusted EPS guidance of $8.70 to $8.90, while updating reported EPS guidance to a range of $7.95 to $8.15.

Allegion plc is asking shareholders to vote at its June 4, 2026 annual meeting on eight director nominees, executive pay, say‑on‑pay frequency, auditor ratification and renewals of Irish-law share issuance authorities. Only holders of record on April 9, 2026 may vote.

The eight‑member Board has seven independent directors, an independent Chair, 10‑year director term limits and committee memberships composed entirely of independent directors. The Board highlights diversity, noting that 75% of nominees are women and/or racially or ethnically diverse.

Executive pay is positioned near market median and heavily performance‑based, using annual cash incentives and equity, including Performance Stock Units tied to adjusted EPS and relative total shareholder return. For 2025, Allegion reports high‑single‑digit revenue growth, strong cash generation and a 131.31% annual incentive payout, with a 125% PSU payout for the 2023‑2025 period, based on adjusted EPS of $8.10 and median peer TSR. The company also emphasizes ESG oversight, environmental targets and a people, environment and safety scorecard embedded in incentives.

Allegion plc announced that its Board has replenished funding for the company’s existing share repurchase program, authorizing the repurchase of up to $500 million of its ordinary shares. Repurchases may occur over time through open-market purchases, accelerated stock repurchase arrangements, or privately negotiated transactions.

The company may also use one or more Rule 10b5-1 trading plans, which allow pre-arranged trades under set conditions. Management will decide the timing and amount of any buybacks based on factors such as Allegion’s share price, corporate and regulatory requirements, and broader market and economic conditions.

Allegion plc announced that its Board has replenished funding for the company’s existing share repurchase program, authorizing the repurchase of up to $500 million of its ordinary shares. Repurchases may occur over time through open-market purchases, accelerated stock repurchase arrangements, or privately negotiated transactions.

The company may also use one or more Rule 10b5-1 trading plans, which allow pre-arranged trades under set conditions. Management will decide the timing and amount of any buybacks based on factors such as Allegion’s share price, corporate and regulatory requirements, and broader market and economic conditions.