MIZELL STEVEN 4

What Happened

• Steven Mizell, a director of Allegion plc (ALLE), sold a total of 1,400 shares in two open-market transactions. He sold 400 shares on Feb 18, 2026 at $163.79 each (proceeds $65,516) and 1,000 shares on Feb 19, 2026 at a weighted average price of $161.51 each (proceeds $161,510). Total proceeds were approximately $227,026. These were outright sales (not purchases or option exercises), which are typically routine liquidity events rather than explicit bullish signals.

Key Details

• Transaction dates and prices:
  • 2026-02-18: Sold 400 shares @ $163.79 = $65,516
  • 2026-02-19: Sold 1,000 shares @ weighted avg $161.51 (sales ranged $161.50–$161.59) = $161,510 (footnote F2)
• Total shares sold: 1,400; total proceeds ≈ $227,026
• Footnotes:
  • F1 notes prior shares include dividend reinvestment plan purchases since the last Form 4.
  • F2 explains the Feb 19 sale was executed in multiple trades between $161.50 and $161.59 (weighted average reported); detailed per-trade breakdown available on request.
• Shares owned after the transaction: not specified in the excerpted filing.
• Filing: Form 4 was filed with accession on 2026-02-20 covering trades on Feb 18–19, 2026 (no late-filing flag indicated).
• Exhibit included: Exhibit 24 — Power of Attorney.

Context

• Sales by directors are often for diversification or personal liquidity and do not necessarily signal a change in view on the company's prospects. No option exercises, gifts, or special trading plans (e.g., 10b5-1) were indicated in the provided filing excerpt.