MIZELL STEVEN 4
Research Summary
AI-generated summary
Allegion (ALLE) Director Steven Mizell Withholds 292 Shares for Taxes
What Happened
Steven Mizell, a director of Allegion plc (ALLE), had 292 shares withheld to satisfy tax withholding obligations related to the vesting of restricted stock units. The withholding was recorded on 2026-06-05 at an effective per-share value of $130.27, totaling $38,039. This was an administrative tax-withholding disposition (not an open‑market sale).
Key Details
- Transaction date and value: 2026-06-05 — 292 shares @ $130.27 each = $38,039 total.
- Transaction code: F (tax withholding/disposition).
- Shares owned after transaction: not specified in this Form 4 filing.
- Footnote: F1 — shares were withheld by the issuer to cover tax withholding upon RSU vesting.
- Filing date: Form 4 filed 2026-06-09 (appears to be timely).
Context
Tax-withholding share dispositions are routine when restricted stock units vest — the company retains shares to cover withholding rather than the insider selling shares on the open market. Such transactions generally do not indicate a change in the insider’s market view.