Martens Robert C. 4

What Happened Robert C. Martens, Senior Vice President — Chief Innovation & Design at Allegion plc (ALLE), was granted two awards on February 19, 2026: 1,076 restricted stock units (RSUs) and a derivative grant reported as 4,082 shares (a stock option). Both awards are reported as acquisitions at $0.00 on the Form 4, reflecting compensation grants rather than open-market purchases.

Key Details

• Transaction date: 2026-02-19; reported acquisition price: $0.00 for both items (grant/award code A).
• Award amounts: 1,076 RSUs and a 4,082-share option (reported as derivative).
• Vesting (footnotes): RSUs vest in equal annual installments on Feb 19, 2027, 2028 and 2029 (F1). The option vests in equal annual installments on those same dates (F2).
• Ownership after transaction: not specified in the provided filing.
• Filing timeliness: no late filing flag indicated in the provided data.
• These are grants (compensation); the option is a derivative award and has not been exercised or sold.

Context RSU grants and option awards are common executive compensation tools. RSUs convert to shares only as they vest; options become exercisable per the vesting schedule and would require exercise (and possibly payment of an exercise price) before becoming shares. Because these entries are awards (not purchases or sales), they reflect compensation decisions rather than immediate buying/selling by the insider.