Form 4: Allegion PLC Executive Sells Shares on the Open Market
SEC Form 4 Filing
Jeffrey N. Braun, SVP, GC and Secretary of Allegion PLC, sold 2,018 ordinary shares at an average price of $134.6817 on March 10, 2025.
Summary
- Jeffrey N. Braun, a Senior Vice President, General Counsel, and Secretary at Allegion PLC, reported a transaction involving the company's ordinary shares.
- On March 10, 2025, Braun sold 2,018 ordinary shares.
- The sale was executed at a weighted average price of $134.6817 per share, with individual sales ranging from $134.676 to $134.73.
- Following the transaction, Braun directly owns 3,077 ordinary shares of Allegion PLC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an executive's stock sale. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. The sale could be for personal financial planning reasons and may not necessarily reflect a negative outlook on the company.
Stakeholder Impact
- The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of the transaction: Jeffrey N. Braun sold 2,018 ordinary shares. |
| 03/12/2025 | Date of signature on the Form 4 filing. |
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