Form 4: Allegion Director Lauren Peters Reports Stock Disposal for Tax Obligations

Lauren Peters, a director at Allegion plc, reported disposing of 294 ordinary shares on June 8, 2024, to cover tax withholding obligations upon the vesting of a restricted stock unit award.

Summary

• On June 8, 2024, Lauren Peters, 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, Peters directly owns 3,218 ordinary shares of Allegion plc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to insider transactions and does not inherently convey positive or negative sentiment. It's a neutral disclosure of a routine financial activity.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the trading activities of company insiders, allowing investors to monitor potential alignment or misalignment of interests between management and shareholders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine disposal of shares to cover tax obligations.

Key Dates