Stone John H 4
Research Summary
AI-generated summary
Allegion CEO John H. Stone Withholds 3,185 Shares for Taxes
What Happened
John H. Stone, President & CEO and a director of Allegion plc (ALLE), had a total of 3,185 restricted stock units (RSU) shares withheld to cover tax withholding obligations upon vesting. The withholding covered 1,658 shares at $162.92 on 2026-02-20 ($270,121) and 1,527 shares at $162.92 on 2026-02-22 ($248,779), for a combined value of $518,900. These transactions are dispositions by withholding (tax withholding), not open-market sales or purchases.
Key Details
- Transaction dates and prices:
- 2026-02-20: 1,658 shares withheld @ $162.92 for $270,121
- 2026-02-22: 1,527 shares withheld @ $162.92 for $248,779
- Total shares withheld: 3,185; total value: $518,900.
- Transaction code: F (tax withholding). Footnote F1: shares withheld by the issuer to cover tax withholding on RSU vesting.
- Filing: Form 4 filed 2026-02-24 (Accession 0001817149-26-000006). No late-filing flag noted in the provided data.
- Shares owned after the transactions: not disclosed in the supplied filing details.
Context
Share withholding to cover taxes on vested RSUs is a routine administrative disposition and does not necessarily indicate a change in the insider's view of the company. This is not an open-market sale where the insider sold shares for cash; instead shares were retained by the issuer to satisfy tax obligations.