Form 4: Allegion SVP-Chief Info. & Digital Ofr. Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Tracy L. Kemp, SVP-Chief Info. & Digital Ofr. of Allegion plc, reports disposing of 90 ordinary shares to cover tax withholding obligations upon vesting of a restricted stock unit award.
Summary
- On February 17, 2025, Tracy L. Kemp, SVP-Chief Info. & Digital Ofr. of Allegion plc, disposed of 90 ordinary shares.
- The shares were disposed of to cover tax withholding obligations upon the vesting of a restricted stock unit award.
- The price per share was $133.505.
- Following the transaction, Kemp directly owns 11,367 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 standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares disposed of by an officer to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/17/2025 | Date of transaction: disposal of ordinary shares. |
| 02/19/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Form 4, Allegion plc, ALLE, Tracy L. Kemp, SVP-Chief Info. & Digital Ofr., Stock Disposal, Tax Withholding, Restricted Stock Unit, Beneficial Ownership
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