Kemp Tracy L 4
Research Summary
AI-generated summary
Allegion (ALLE) SVP Tracy Kemp Withholds 97 Shares for Taxes
What Happened
Tracy L. Kemp, Allegion's Senior Vice President & Chief Information & Digital Officer, had 97 shares withheld to satisfy tax withholding obligations tied to the vesting of restricted stock units. The filing shows 97 shares treated as disposed at a per-share value of $160.16, totaling approximately $15,536. This was a tax-withholding event (code F), not an open-market sale.
Key Details
- Transaction date: 2026-02-24; Form 4 filed: 2026-02-26.
- Price used: $160.16 per share; total reported value: $15,536.
- Shares withheld/treated as disposed: 97.
- Footnote: F1 — shares were withheld by the issuer to cover tax withholding upon RSU vesting.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Filing timeliness: reported on Feb 26 for a Feb 24 transaction; no indication in the filing that it was late.
Context
Withholding shares to cover taxes on vested RSUs is a routine administrative action and does not represent an active decision to sell shares in the market. For retail investors, these transactions are informational but generally not interpreted as a directional insider trade signal.