Form 4: Allegion plc: SVP Chief Technology Officer, Vincent Wenos, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Vincent Wenos, SVP Chief Technology Officer of Allegion plc, reports a transaction involving the disposal of 97 ordinary shares to cover tax withholding obligations upon vesting of a restricted stock unit award on February 24, 2024.
Summary
- This Form 4 filing reports a change in beneficial ownership for Vincent Wenos, SVP Chief Technology Officer of Allegion plc.
- On February 24, 2024, Mr. Wenos disposed of 97 ordinary shares at a price of $128.68 per share.
- This transaction was to cover tax withholding obligations upon the vesting of a restricted stock unit award.
- Following the transaction, Mr. Wenos beneficially owns 7,997 ordinary shares.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard transaction related to tax obligations on vested equity.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors as it is a routine transaction.
Key Dates
| Date | Description |
|---|---|
| 02/24/2024 | Date of transaction: Disposal of 97 ordinary shares. |
| 02/27/2024 | Date of signature for the Form 4 filing. |
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