Form 4: Allegion SVP Ilardi's Tax Withholding on RSU Vesting

Allegion plc's SVP, David S. Ilardi, had 240 ordinary shares withheld to cover tax obligations upon the vesting of a restricted stock unit award.

Summary

• David S. Ilardi, SVP Allegion Americas, reported a transaction on February 24, 2026.
• 240 ordinary shares of Allegion plc were withheld by the issuer.
• This withholding was to cover tax obligations related to the vesting of a restricted stock unit award.
• The price per share for the withheld shares was $160.16.
• Following this transaction, Ilardi beneficially owns 13,669 ordinary shares.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a routine administrative transaction related to executive compensation, indicating the vesting of restricted stock units, which is a positive event for the executive.

Positives

• The vesting of a restricted stock unit award indicates a positive event for the reporting person, as it represents earned compensation.

Negatives

• No direct negatives identified as the disposition was for tax withholding purposes, not a voluntary sale.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that routine tax withholdings upon RSU vesting are common practice for executive compensation in publicly traded companies across various industries, reflecting the standard mechanism for employees to cover tax liabilities on equity awards.

Comparison to Industry Standards

• The practice of withholding shares to cover tax obligations upon the vesting of restricted stock units is a standard industry practice for executive compensation, aligning with common practices seen at companies like Johnson Controls (JCI) or Ingersoll Rand (IR), which also utilize equity awards as part of their compensation structures.
• The reported transaction is a routine administrative event, not indicative of a discretionary sale or purchase, and is consistent with how similar companies manage executive equity compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact, as this is a routine compensation-related transaction.
• Employees: No direct impact on general employees.

Key Dates

Recommendation

This Form 4 details a routine administrative transaction where shares were withheld for tax purposes upon the vesting of restricted stock units. It does not provide new fundamental information about the company's performance or strategic direction that would warrant a change in investment recommendation.

Keywords

Allegion, ALLE, Form 4, insider transaction, stock withholding, RSU, restricted stock unit, executive compensation, David S. Ilardi