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 228 ordinary shares to cover tax withholding obligations upon vesting of a restricted stock unit award.
Summary
- On February 24, 2025, Timothy P. Eckersley, a Senior VP at Allegion PLC, disposed of 228 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 $128.15 per share.
- Following the transaction, Eckersley directly owns 40,827.387 ordinary shares of Allegion PLC.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard transaction related to tax obligations and doesn't indicate any significant positive or negative sentiment towards the company.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a common occurrence for executives at publicly traded companies. It provides transparency into the trading activities of company insiders.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of the transaction where 228 ordinary shares were disposed of. |
| 02/26/2025 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.