Form 4: Allegion plc Executive David S. Ilardi Reports Stock Option Exercise and Share Sale
SEC Form 4 Filing
David S. Ilardi, SVP at Allegion Americas, exercised stock options and sold shares of Allegion plc on March 4, 2025.
Summary
- On March 4, 2025, David S. Ilardi, SVP of Allegion Americas, exercised stock options to acquire 789 ordinary shares at a price of $57.85 per share.
- Simultaneously, Ilardi sold 789 ordinary shares at a weighted average price of $125.28 per share, with individual sales ranging from $124.93 to $125.64.
- Following these transactions, Ilardi directly owns 9,625 ordinary shares of Allegion plc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the actions of company executives. It's a standard practice for publicly traded companies and their officers.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and stock ownership.
- The sale of shares may have a minor impact on the stock price, depending on market perception.
Key Dates
| Date | Description |
|---|---|
| February 16, 2017 | First vesting date of stock option in equal annual installments. |
| February 16, 2018 | Second vesting date of stock option in equal annual installments. |
| February 16, 2019 | Third vesting date of stock option in equal annual installments. |
| February 16, 2026 | Expiration date of the stock option. |
| March 4, 2025 | Date of stock option exercise and share sale. |
| March 6, 2025 | Date of Form 4 signature. |
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