Martens Robert C. 4
4 · Allegion plc · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Allegion (ALLE) SVP Robert Martens Receives Award; Taxes Withheld
What Happened
Robert C. Martens, SVP — Chief Innovation & Design at Allegion plc (ALLE), had 3,054 ordinary shares issued on February 4, 2026 as performance-based restricted stock units (PSUs) vested and were certified by the company's Compensation and Human Capital Committee. To satisfy tax withholding on the vesting, 907 of those shares were withheld/disposed, valued at $171.21 per share for a total withholding value of $155,283. The PSU award itself is recorded at $0.00 per share (award/grant).
Key Details
- Transaction date: February 4, 2026; Form 4 filed February 6, 2026 (filed timely).
- Award: 3,054 shares issued (code A) at $0.00 (PSUs vested).
- Tax withholding: 907 shares withheld/disposed (code F) at $171.21, value $155,283.
- Footnotes: F1 — PSUs were granted Feb 2023 and vested based on performance certified Feb 4, 2026. F2 — 907 shares withheld to cover tax withholding obligations.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
This was a vesting of performance-based restricted stock units, not an open-market purchase or voluntary sale. Withholding shares to cover taxes on vesting is a routine administrative step and does not necessarily signal a change in the insider’s view of the company.
Insider Transaction Report
- Award
Ordinary Shares
[F1]2026-02-04+3,054→ 12,700 total - Tax Payment
Ordinary Shares
[F2]2026-02-04$171.21/sh−907$155,283→ 11,793 total
Footnotes (2)
- [F1]Represents the number of ordinary shares underlying performance-based restricted stock units (PSUs) granted in February 2023 that were earned and have vested based on the level of performance achieved, as certified by the Issuer's Compensation and Human Capital Committee on February 4, 2026.
- [F2]Represents shares withheld by the Issuer to cover tax withholding obligations upon vesting of the PSUs.