Kemp Tracy L 4

What Happened Tracy L. Kemp, Allegion’s SVP & Chief Information & Digital Officer, was granted equity awards on February 19, 2026. The filing shows an award of 923 shares (restricted stock units) and a derivative award of 3,499 shares (stock option), each granted at $0.00 (no cash paid). These are grants/awards (not open-market purchases or sales) and therefore do not reflect an immediate market purchase or sale.

Key Details

• Transaction date: February 19, 2026; Form 4 filed February 23, 2026 (timely — filed within required business days).
• Awards: 923 RSUs (acquired at $0.00) and 3,499 option units/derivative awards (acquired at $0.00).
• Reported value: $0 cash paid at grant; no immediate proceeds reported.
• Vesting (per footnotes): both awards vest in equal annual installments on Feb 19, 2027; Feb 19, 2028; and Feb 19, 2029 (F1 = RSUs; F2 = stock option).
• Shares owned after transaction: Not specified in the filing.
• Filing code: Transaction reported as award/grant (A). No 10b5-1 plan, tax withholding, or late filing noted in the Form 4.

Context Restricted stock units (RSUs) represent a right to receive shares when they vest; stock options are a derivative that give the holder the right to purchase shares at a future price if exercised. These grants are routine compensation for executives and are not the same as an open-market purchase (which might be interpreted as a stronger bullish personal bet). The awards will convert to exercisable/owned shares only as they vest according to the multi-year schedule above.