Form 4: Allegion Director Haughey Nicole Reports Share Disposal for Tax Obligations
SEC Form 4
Director Haughey Nicole of Allegion plc reports disposing of 294 ordinary shares to cover tax withholding obligations upon vesting of a restricted stock unit award.
Summary
- On June 8, 2024, Haughey Nicole, a director of Allegion plc, disposed of 294 ordinary shares.
- The transaction was executed to cover tax withholding obligations related to the vesting of a restricted stock unit award.
- The shares were disposed of at a price of $116.52 per share.
- Following the transaction, Haughey Nicole directly owns 6,453 ordinary shares of Allegion plc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a common occurrence in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/08/2024 | Date of transaction: Disposal of 294 ordinary shares. |
| 06/11/2024 | Date of signature on the Form 4 filing. |
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