Form 4: Allegion plc Executive Timothy P. Eckersley Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Timothy P. Eckersley, a Senior VP at Allegion plc, disposed of 221 ordinary shares to cover tax withholding obligations upon the vesting of a restricted stock unit award.
Summary
- On February 17, 2025, Timothy P. Eckersley, a Senior VP at Allegion plc, disposed of 221 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 $133.505 per share.
- Following the transaction, Eckersley beneficially owns 39,441.387 ordinary shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and does not necessarily reflect a significant trend in the broader security and access control industry.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/17/2025 | Date of the transaction where 221 ordinary shares were disposed of. |
| 02/19/2025 | Date of signature for the report. |
Keywords
Form 4, Allegion plc, Timothy P. Eckersley, Share Disposal, Tax Withholding, Restricted Stock Unit, Beneficial Ownership, ALLE
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