MAIN SUE 4
Research Summary
AI-generated summary
Allegion (ALLE) Director Sue Main Withholds 292 Shares for Taxes
What Happened
- Sue Main, a director of Allegion plc (ALLE), had 292 ordinary shares withheld by the issuer to satisfy tax withholding obligations upon vesting of restricted stock units. The withholding value reported is $38,039 based on a per-share amount of $130.27. This was an administrative disposition (tax withholding), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-06-05; Form filed: 2026-06-09.
- Action: Shares withheld to cover tax liability on RSU vesting (transaction code F).
- Shares involved: 292 shares withheld at $130.27 per share; total value ≈ $38,039.
- Shares owned after transaction: Not specified in the provided summary of the filing.
- Footnotes: F1 = shares withheld by the issuer to cover tax withholding on RSU vesting; F2 = ordinary shares held by the Main‑Schweitzer Revocable Trust.
- Timeliness: Filing date is listed as June 9, 2026 for a June 5 transaction; no explicit late-filing indicator was provided in the supplied data.
Context
- This is a routine, administrative tax-withholding event tied to RSU vesting (a common way companies satisfy tax-withholding without requiring cash from the insider). It does not represent a market sale or a new purchase and should not be interpreted alone as a bullish or bearish insider signal.