Form 4: Allegion PLC Executive John H. Stone Disposes of Shares to Cover Tax Obligations
SEC Form 4
John H. Stone, President and CEO of Allegion PLC, disposed of 1,007 ordinary shares to cover tax withholding obligations upon the vesting of a restricted stock unit award.
Summary
- On February 22, 2025, John H. Stone, President and CEO of Allegion PLC, disposed of 1,007 ordinary shares.
- The shares were disposed of to cover tax withholding obligations related to the vesting of a restricted stock unit award.
- The transaction was executed at a price of $126.96 per share.
- Following the transaction, Stone directly owns 130,934 ordinary shares of Allegion PLC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to executive stock transactions, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the transactions of company insiders. This transaction is related to tax obligations arising from vested stock awards, a common practice.
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 |
|---|---|
| 02/22/2025 | Date of transaction: Disposal of 1,007 ordinary shares. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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