Form 4: Allegion PLC Executive Musial Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Nickolas A. Musial, VP, Controller & CAO of Allegion PLC, disposed of 85 ordinary shares to cover tax withholding obligations upon vesting of a restricted stock unit award.
Summary
- On February 24, 2025, Nickolas A. Musial, VP, Controller & CAO of Allegion PLC, disposed of 85 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 $128.15.
- Following the transaction, Musial directly owns 5,775 ordinary shares.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard transaction related to executive compensation and tax obligations.
Industry Context
This is a routine Form 4 filing, indicating a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of transaction: Disposal of 85 ordinary shares. |
| 02/26/2025 | Date of signature on the Form 4 filing. |
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