Form 4: Allegion's SVP Allegion Americas, David S. Ilardi, Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
David S. Ilardi, SVP Allegion Americas, disposed of 124 ordinary shares of Allegion plc to cover tax withholding obligations upon vesting of a restricted stock unit award.
Summary
- On February 17, 2025, David S. Ilardi, SVP Allegion Americas at Allegion plc, disposed of 124 ordinary shares.
- The transaction was executed to cover tax withholding obligations related to the vesting of a restricted stock unit award.
- The shares were disposed of at a price of $133.505 per share.
- Following the transaction, Ilardi directly owns 8,114 ordinary shares of Allegion plc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock disposal for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/17/2025 | Date of the transaction where 124 ordinary shares were disposed of. |
| 02/19/2025 | Date of signature by Jeffrey N. Braun, Attorney-in-Fact. |
Keywords
Form 4, Allegion, ALLE, Ilardi, Share Disposal, Tax Withholding, Restricted Stock Unit, Beneficial Ownership
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