Allegion (NYSE: ALLE) SVP has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Allegion plc senior vice president Robert C. Martens reported a small administrative share disposition related to equity compensation. On this Form 4, 107 ordinary shares were withheld at $160.16 per share to satisfy tax obligations when a restricted stock unit award vested.
After this tax-withholding disposition, Martens directly owned 12,563 Allegion ordinary shares. The transaction reflects routine equity award taxation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Martens Robert C.
Role
SVP-Chief Innovation & Design
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 107 | $160.16 | $17K |
Holdings After Transaction:
Ordinary Shares — 12,563 shares (Direct)
Footnotes (1)
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FAQ
What did Allegion (ALLE) executive Robert Martens report on this Form 4?
Robert Martens reported a small administrative share disposition. Allegion withheld 107 ordinary shares to cover tax obligations when a restricted stock unit award vested, leaving him with 12,563 directly owned shares after the transaction.
Was the Allegion (ALLE) Form 4 transaction an open-market sale?
The transaction was not an open-market sale. Shares were withheld by Allegion to satisfy tax withholding obligations on a vesting restricted stock unit award, classified as a tax-withholding disposition rather than a discretionary sale into the market.
What does transaction code F mean in the Allegion (ALLE) Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, Allegion withheld 107 shares from Robert Martens’ vesting restricted stock unit award to cover tax withholding obligations, rather than executing an open-market trade.