Wenos Vincent 4
Research Summary
AI-generated summary
Allegion (ALLE) CTO Wenos Vincent Receives Equity Award
What Happened
- Wenos Vincent, SVP and Chief Technology Officer of Allegion plc (ALLE), received equity awards on 2026-02-19: 999 restricted stock units (RSUs) and a 3,790-share derivative award (stock option). Both grants show $0 paid at acquisition—these are compensation awards, not open-market purchases or exercises.
Key Details
- Transaction date: 2026-02-19; Form 4 filed: 2026-02-23 (timely filed).
- Transaction type/code: A = Award/Grant. Reported acquisition amounts: 999 shares (RSUs) and 3,790 shares (derivative/option), $0 purchase price.
- Vesting: Both awards vest in equal annual installments on Feb 19, 2027; Feb 19, 2028; and Feb 19, 2029 (see footnotes F1 and F2).
- Shares owned after transaction: Not disclosed in the provided filing details.
- Notes: The 3,790-share entry is a derivative (stock option) grant that vests over time; no exercise or sale occurred.
Context
- These were compensation grants subject to multi-year vesting—common for executive pay—and do not reflect an immediate cash investment or sale. Derivative grants (options) will only translate into owned shares if/when vested and exercised.