Kemp Tracy L 4

What Happened

• Tracy L. Kemp, SVP—Chief Information & Digital Officer at Allegion plc, had 2,777 performance-based restricted stock units (PSUs) vest on Feb 4, 2026 (grant code A). The vested PSUs converted into 2,777 ordinary shares (acquired at $0.00). To satisfy tax-withholding obligations, 828 of those shares were withheld (disposition code F) at an implied value of $171.21 per share, totaling approximately $141,758.

Key Details

• Transaction date: February 4, 2026 (Form 4 filed Feb 6, 2026; appears timely).
• Grant/acquisition: 2,777 shares from vested PSUs (price reported $0.00).
• Tax withholding (disposition): 828 shares withheld at $171.21/share → ~$141,758.
• Footnotes: PSUs were originally granted in February 2023 and vested based on certified performance levels on Feb 4, 2026 (F1). Shares were withheld by the issuer to cover tax withholding obligations upon vesting (F2).
• Shares owned after the transaction: not specified in the provided filing.

Context

• This was a vesting of performance-based equity (not an open-market purchase or a discretionary sale). The withholding of shares to cover taxes is a routine administrative step and does not by itself indicate a bullish or bearish view by the insider.
• Transaction codes: A = Award/Grant (vesting of PSUs); F = Tax withholding (shares surrendered to pay taxes).