Form 4: Allegion plc Executive Timothy P. Eckersley Reports Stock Transaction
SEC Form 4 Filing
Timothy P. Eckersley, a Senior VP at Allegion plc, reports the disposal of 228 ordinary shares to cover tax obligations related to vesting of a restricted stock unit award on February 24, 2024.
Summary
- On February 24, 2024, Timothy P. Eckersley, a Senior VP at Allegion plc, disposed of 228 ordinary shares.
- The transaction was executed to cover tax withholding obligations upon the vesting of a restricted stock unit award.
- The price per share was $128.68.
- Following the transaction, Eckersley beneficially owns 44,074.101 ordinary shares.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/24/2024 | Date of the stock transaction (disposal of shares). |
| 02/27/2024 | Date of signature by Attorney-In-Fact. |
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