Form 4: Allegion PLC Executive Jeffrey N. Braun Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Jeffrey N. Braun, SVP, GC and Secretary of Allegion PLC, reports disposing of 237 ordinary shares to cover tax withholding obligations upon vesting of a restricted stock unit award.
Summary
- On February 17, 2025, Jeffrey N. Braun, SVP, GC and Secretary of Allegion PLC, disposed of 237 ordinary shares.
- The shares were disposed of to cover tax withholding obligations upon the vesting of a restricted stock unit award.
- The price per share was $133.505.
- Following the transaction, Braun beneficially owns 5,572 ordinary shares of Allegion PLC.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/17/2025 | Date of transaction: Disposal of ordinary shares. |
| 02/19/2025 | Date of signature for the Form 4 filing. |
Keywords
Allegion PLC, Jeffrey N. Braun, Form 4, SEC Filing, Share Disposal, Tax Withholding, Restricted Stock Unit, ALLE
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