Form 4: Allegion's 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 ordinary shares to cover tax withholding obligations.
Summary
- On February 22, 2025, Vincent Wenos, the SVP Chief Technology Officer of Allegion plc, filed a Form 4 to report changes in beneficial ownership.
- The transaction involved the disposal of 92 ordinary shares at a price of $126.96 per share.
- These shares were withheld by the issuer to cover tax withholding obligations upon the vesting of a restricted stock unit award.
- Following the transaction, Wenos directly owns 10,531 ordinary shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of compliance for corporate insiders and provide transparency into their transactions in company stock. This transaction is related to tax obligations and is a common occurrence.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/22/2025 | Date of transaction involving the disposal of ordinary shares. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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