Allegion plc·4

Feb 26, 3:09 PM ET

Martens Robert C. 4

Research Summary

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Allegion (ALLE) SVP Robert C. Martens Withholds 107 Shares for Taxes

What Happened

  • Robert C. Martens, SVP — Chief Innovation & Design at Allegion plc (ALLE), had 107 shares withheld by the company to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The withheld shares were valued at $160.16 each, for a total of $17,137, and the transaction date was Feb 24, 2026. This is a routine tax-withholding disposition rather than an open-market sale or purchase.

Key Details

  • Transaction date and price: Feb 24, 2026 — 107 shares at $160.16 per share (total value $17,137).
  • Transaction type: Payment of tax liability via share withholding (code F on the Form 4).
  • Shares owned after transaction: Not disclosed in the filing.
  • Footnote: F1 — Issuer withheld shares to cover tax withholding obligations upon RSU vesting.
  • Filing: Form 4 filed Feb 26, 2026 (appears within the standard 2-business-day reporting window).

Context

  • Tax-withholding share dispositions are routine when equity awards vest; they do not necessarily indicate the insider is selling shares for cash or signal a change in sentiment. This was a cashless method (issuer withholding) to satisfy tax obligations rather than an open-market sale or purchase.