Martens Robert C. 4

What Happened

• Robert C. Martens, SVP — Chief Innovation & Design at Allegion plc (ALLE), had a total of 199 shares withheld by the company to satisfy tax withholding on vesting restricted stock units. The withholding occurred in two dispositions: 103 shares on 2026-02-20 at $162.92 ($16,781) and 96 shares on 2026-02-22 at $162.92 ($15,640), totaling $32,421. This was a routine tax-withholding disposition rather than an open-market sale initiated to raise cash.

Key Details

• Transaction dates and prices:
  • 2026-02-20: 103 shares withheld @ $162.92 = $16,781
  • 2026-02-22: 96 shares withheld @ $162.92 = $15,640
• Total shares withheld: 199; total value: $32,421.
• Footnote F1: Shares were withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.
• Filing date: 2026-02-24 (Form 4) — filed within the standard reporting window.

Context

• This is a tax-withholding action tied to RSU vesting (code F), common for executives and not a directional buy/sell decision about the company’s stock. Such withholding is routine and should not be interpreted as a bearish insider sale.