Form 4: Allegion plc: SVP Chief HR Officer Jennifer L. Hawes Reports Share Disposal for Tax Obligations
SEC Form 4
Jennifer L. Hawes, SVP Chief HR Officer of Allegion plc, reported disposing of 113 ordinary shares on February 22, 2025, to cover tax withholding obligations upon vesting of a restricted stock unit award.
Summary
- On February 22, 2025, Jennifer L. Hawes, the SVP Chief HR Officer of Allegion plc, disposed of 113 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 $126.96 per share.
- Following the transaction, Hawes directly owns 6,088 ordinary shares of Allegion plc.
Sentiment
Score: 7
Explanation: The document reflects a neutral event (tax obligation fulfillment) and doesn't indicate any positive or negative sentiment towards the company's performance or future prospects.
Industry Context
This is a routine Form 4 filing, which is common for corporate insiders who have transactions in their company's stock. It reflects standard practice for executives managing their equity compensation and related tax obligations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine transaction related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/22/2025 | Date of the transaction where 113 ordinary shares were disposed of. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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