Form 4: Allegion PLC Executive Tracy L. Kemp Sells Shares
SEC Form 4
Tracy L. Kemp, SVP-Chief Info. & Digital Ofr. of Allegion PLC, sold 2,194 ordinary shares at a weighted average price of $121.9823 on May 28, 2024.
Summary
- On May 28, 2024, Tracy L. Kemp, SVP-Chief Info. & Digital Ofr. of Allegion PLC, sold 2,194 ordinary shares.
- The shares were sold at a weighted average price of $121.9823 per share.
- Following the transaction, Kemp directly owns 11,103 ordinary shares of Allegion PLC.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive selling shares doesn't necessarily indicate a positive or negative outlook for the company, but it's important to monitor for patterns or significant amounts.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, which is common among publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.
Stakeholder Impact
- The sale of shares by a company executive may have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of transaction: Tracy L. Kemp sold 2,194 ordinary shares. |
| 05/30/2024 | Date of signature: Eric Gunning, Attorney-In-Fact, signed the form. |
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