MAIN SUE 4
Research Summary
AI-generated summary
Allegion (ALLE) Director Sue Main Buys 2,000 Shares
What Happened Sue Main, a director of Allegion plc (NYSE: ALLE), reported open-market purchases of a total of 2,000 ordinary shares on 2026-03-11. The buys were: 100 shares at $147.26 ($14,726), 1,300 shares at a weighted average $149.58 (≈ $194,458), and 600 shares at a weighted average $150.05 (≈ $90,032). Combined value of the transactions ≈ $299,216. These were purchases (reporting code P), which are direct acquisitions rather than sales or option exercises.
Key Details
- Transaction date: 2026-03-11; Form 4 filed 2026-03-12 (timely).
- Prices/ranges: 100 @ $147.26; 1,300 reported at $149.58 (actual buys ranged $148.895–$149.74 per footnote); 600 reported at $150.05 (actual buys ranged $150.04–$150.12 per footnote).
- Total shares acquired: 2,000; total consideration ≈ $299,216.
- Shares held after transaction: Not specified in the excerpt; holdings are reported as held by the Main‑Schweitzer Revocable Trust (Footnote F1).
- Footnotes: F1 indicates shares are held by the Main‑Schweitzer Revocable Trust. F2 and F3 note the reported prices are weighted averages of multiple purchases within stated price ranges; full breakdown available on request to the SEC/issuer/holders.
- Exhibit: Exhibit 24 (Power of Attorney) attached to the filing.
- Transaction type: Open-market purchases (P). No options, awards, or gifts involved.
Context
- These are straightforward open‑market purchases by a board director and were reported promptly. Purchases can be interpreted by investors as an insider acquiring stock, but filings do not state motive.
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