Stone John H 4

What Happened
John H. Stone, President and CEO of Allegion plc (ALLE), had performance-based restricted stock units (PSUs) vest on February 4, 2026. As a result, he was issued 30,532 shares (reported as an award/acquisition at $0.00 per share). To satisfy tax-withholding obligations on the vesting, 12,393 of those shares were withheld (reported as a disposition at $171.21 per share), totaling approximately $2,121,744.

Key Details

• Transaction dates: PSUs vested and shares issued on 2026-02-04; Form 4 filed 2026-02-06.
• Award: 30,532 shares reported as acquired (code A) at $0.00 (PSU vesting).
• Tax withholding: 12,393 shares withheld (code F) at $171.21, totaling ~$2,121,744 to cover taxes.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — These were PSUs granted Feb 2023 that vested based on performance certified Feb 4, 2026. F2 — Shares were withheld by the issuer to cover tax withholding obligations upon vesting.
• Filing timeliness: Filing was submitted Feb 6 for Feb 4 activity; no late filing indication in the report.

Context
This was a routine vesting of performance-based restricted stock units; the "disposition" reported reflects shares withheld by the company to pay required taxes (a common cashless withholding), not an open-market sale by the insider. Such withholding transactions are administrative and do not necessarily indicate a change in the insider’s view of the company.