Form 4: Allegion Director Acquires 507 Shares Through Restricted Stock Units
SEC Form 4 Filing
Director Gregg C. Sengstack acquired 507 ordinary shares of Allegion plc through restricted stock units that vest on January 3, 2026.
Summary
- Gregg C. Sengstack, a director at Allegion plc, acquired 507 ordinary shares.
- The acquisition was made through restricted stock units.
- These restricted stock units will vest on January 3, 2026.
- The transaction occurred on January 3, 2025.
- The shares were acquired at a price of $0.
Sentiment
Score: 7
Explanation: The document reflects a standard transaction related to director compensation, which is generally neutral to positive. It indicates alignment of interests between the director and the company.
Industry Context
This is a routine filing related to director compensation and is common practice for publicly traded companies.
Comparison to Industry Standards
- Many publicly traded companies use restricted stock units as part of their compensation packages for directors and executives.
- The vesting period of one year is a common practice to align the interests of the directors with the long-term performance of the company.
- Similar filings are regularly made by directors and officers of other companies such as Assa Abloy and Stanley Black & Decker.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 01/03/2025 | Date of the transaction where 507 shares were acquired. |
| 01/03/2026 | Vesting date for the restricted stock units. |
| 01/07/2025 | Date the form was signed. |
Keywords
Allegion, Director, Share Acquisition, Restricted Stock Units, Form 4, Insider Trading
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