4/A: Allegion SVP Corrects Share Withholding Disclosure
Insider Transaction Amendment
Allegion plc's SVP, David S. Ilardi, filed an amended Form 4 to correct the number of shares withheld for tax obligations related to a restricted stock unit award.
Summary
- An amended Form 4 was filed by David S. Ilardi, SVP Allegion Americas, for Allegion plc (ALLE).
- The amendment corrects an error in a previous Form 4 filed on February 26, 2026, regarding shares withheld for tax obligations.
- The correct number of Ordinary Shares withheld by the Issuer for tax obligations upon vesting of a restricted stock unit award was 157, not the previously reported 240 shares.
- This transaction occurred on February 24, 2026, at a price of $160.16 per share.
- Following this correction, David S. Ilardi beneficially owns 13,752 Ordinary Shares directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative correction to an insider transaction disclosure with no material impact on the company's operations or financial health.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that Form 4/A filings are routine administrative corrections for insider transaction disclosures and typically do not reflect broader industry trends or competitive shifts. This specific amendment corrects a minor detail in executive compensation reporting.
Comparison to Industry Standards
- This filing is an administrative correction of an insider transaction and does not provide data for comparison to industry-specific operational or financial benchmarks. It aligns with standard regulatory compliance for executive share ownership disclosures.
Related Party Transactions
- Correction of shares withheld by Allegion plc from SVP David S. Ilardi to cover tax obligations upon vesting of a restricted stock unit award.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine administrative correction to an executive's share ownership disclosure.
Key Dates
| Date | Description |
|---|---|
| 02/24/2026 | Transaction date for shares withheld for tax obligations upon vesting of a restricted stock unit award. |
| 02/26/2026 | Date of original Form 4 filing that contained the incorrect share withholding amount. |
| 02/26/2026 | Date of signature for the amended Form 4. |
Recommendation
holdThis filing is an administrative correction of an insider transaction and does not contain information that would warrant a change in investment recommendation. It is a neutral event with no material impact on the company's fundamentals or outlook.
Keywords
Allegion plc, ALLE, Form 4/A, Insider Transaction, Share Withholding, Restricted Stock Unit, Executive Compensation, David S. Ilardi
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.