Allegion plc·4

Feb 26, 3:09 PM ET

Eckersley Timothy P 4

Research Summary

AI-generated summary

Updated

Allegion SVP Timothy P. Eckersley Withholds 228 Shares for Taxes

What Happened

  • Timothy P. Eckersley, Senior Vice President — Allegion International, had 228 shares withheld by Allegion on Feb 24, 2026 to satisfy tax withholding obligations related to vested restricted stock units (RSUs). The withholding occurred at $160.16 per share, representing a disposition value of $36,516.
  • This was a tax-withholding disposition (issuer withheld shares), not an open-market sale or a new purchase.

Key Details

  • Transaction date: 2026-02-24; Filing date: 2026-02-26 (appears timely).
  • Price per share: $160.16; Shares withheld/disposed: 228; Total value: $36,516.
  • Transaction code: F — payment of exercise price or tax liability (issuer withheld shares).
  • Footnote: F1 — shares were withheld by the issuer to cover tax withholding upon RSU vesting.
  • Shares owned after transaction: not specified in the provided filing.

Context

  • Share withholding to cover taxes is a routine administrative step when RSUs vest and does not necessarily indicate the insider’s view of the company’s stock. Purchases or open-market sales typically provide clearer signals about insider sentiment.