Eckersley Timothy P 4

What Happened Timothy P. Eckersley, Senior Vice President — Allegion International, had a total of 439 Allegion (ALLE) shares withheld by the company to cover tax withholding on vested restricted stock units. The withholding occurred in two dispositions: 226 shares on 2026-02-20 at $162.92 each ($36,820) and 213 shares on 2026-02-22 at $162.92 each ($34,702), totaling about $71,522. This was a tax-withholding event (routine disposition), not an open-market sale intended as a market trade.

Key Details

• Transaction dates and amounts:
  • 2026-02-20: 226 shares withheld @ $162.92 = $36,820 (disposed)
  • 2026-02-22: 213 shares withheld @ $162.92 = $34,702 (disposed)
• Filing date: Form 4 filed 2026-02-24 (Period of Report: 2026-02-20). Timeliness not specified in the provided excerpt.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnote: F1 — shares were withheld by the issuer to cover tax withholding obligations upon vesting of an RSU award.
• Transaction code: F (tax withholding upon vesting), not a purchase (P) or open-market sale (S).

Context Tax-withholding disposals are common when restricted stock units vest and do not necessarily indicate insider sentiment about the company — they simply satisfy tax obligations. Because shares were withheld by the issuer (a cashless withholding), this is a routine administrative action rather than a deliberate market sale by the insider.