Form 4: Allegion plc Executive Robert C. Martens Reports Stock Option Grant and Share Transactions
SEC Form 4
Robert C. Martens, SVP Chief Innovation & Design at Allegion plc, reports the acquisition of stock options and ordinary shares, as well as the disposal of ordinary shares.
Summary
- On February 20, 2025, Robert C. Martens, SVP Chief Innovation & Design at Allegion plc, reported transactions involving Allegion plc's ordinary shares and stock options.
- Martens acquired 1,186 ordinary shares at $0, and disposed of 9,868 ordinary shares.
- Martens also acquired a stock option to buy 3,977 ordinary shares at an exercise price of $126.53, exercisable starting February 20, 2026, and expiring on February 20, 2035.
- Following these transactions, Martens directly owns 3,977 derivative securities (stock options) and 9,868 ordinary shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Future Outlook
The document does not contain specific forward-looking statements beyond the vesting schedule of the stock options and restricted stock units.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of earliest transaction: Acquisition of shares and stock options, disposal of shares. |
| 02/20/2026 | First vesting date for restricted stock units and stock options. |
| 02/20/2027 | Second vesting date for restricted stock units and stock options. |
| 02/20/2028 | Third vesting date for restricted stock units and stock options. |
| 02/20/2035 | Expiration date for the stock option. |
| 02/24/2025 | Date of signature for the Form 4 filing. |
Keywords
Allegion plc, Robert C. Martens, Stock Options, Ordinary Shares, Form 4, SEC, Insider Trading
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