Eckersley Timothy P 4
4 · Allegion plc · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Allegion (ALLE) SVP Timothy Eckersley Receives PSU Award; Shares Withheld
What Happened
Timothy P. Eckersley, SVP — Allegion International, received 7,329 ordinary shares on February 4, 2026 from vested performance-based restricted stock units (PSUs) granted in 2023 (4,608 + 2,721). To satisfy tax-withholding obligations, the issuer withheld 2,043 shares (1,157 and 886 shares) at a value of $171.21 per share, resulting in total withholding value of $349,772 (reported as dispositions). The awards were recorded as acquisitions at $0.00 (award).
Key Details
- Transaction date: February 4, 2026. Form 4 filed: February 6, 2026 (timely).
- Acquired (award): 7,329 shares at $0.00.
- Withheld/disposed for taxes (code F): 2,043 shares total (1,157 and 886) at $171.21; total value $349,772 (198,084 + 151,688).
- Footnotes: F1/F4 — PSUs from Feb 2023 and Apr 2023 vested based on performance certified Feb 4, 2026. F3 — shares were withheld to cover tax obligations. F2 — includes shares acquired via dividend reinvestment since last Form 4.
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Filing timeliness: filed within the normal Form 4 reporting window (appears timely).
Context
These transactions reflect vested equity awards and routine tax-withholding (cashless share withholding), not an open-market sale or a purchase signal. PSUs were earned based on performance and converted to ordinary shares; a portion was automatically withheld to satisfy tax liabilities.
Insider Transaction Report
- Award
Ordinary Shares
[F1][F2]2026-02-04+4,608→ 34,635 total - Tax Payment
Ordinary Shares
[F3]2026-02-04$171.21/sh−1,157$198,084→ 33,478 total - Award
Ordinary Shares
[F4]2026-02-04+2,721→ 36,199 total - Tax Payment
Ordinary Shares
[F3]2026-02-04$171.21/sh−886$151,688→ 35,313 total
Footnotes (4)
- [F1]Represents the number of ordinary shares underlying performance-based restricted stock units (PSUs) granted in February 2023 that were earned and have vested based on the level of performance achieved, as certified by the Issuer's Compensation and Human Capital Committee on February 4, 2026.
- [F2]Includes shares acquired through a dividend reinvestment plan since the reporting person's last Form 4 filing.
- [F3]Represents shares withheld by the Issuer to cover tax withholding obligations upon vesting of the PSUs.
- [F4]Represents the number of ordinary shares underlying PSUs granted in April 2023 that were earned and have vested based on the level of performance achieved, as certified by the Issuer's Compensation and Human Capital Committee on February 4, 2026.