Vardhan Dev 4

What Happened
Vardhan Dev, a director of Allegion plc (ALLE), had 292 shares withheld by the company to cover tax withholding obligations upon the vesting of a restricted stock unit (RSU) award. The shares were valued at $130.27 each, for a total of approximately $38,039. This transaction is recorded as a disposition due to tax withholding (code F), not an open-market sale.

Key Details

• Transaction date: 2026-06-05. Form filed: 2026-06-09 (filed within required reporting window).
• Price per share: $130.27; Shares withheld/disposed: 292; Total value: ~$38,039.
• Shares owned after the transaction: Not specified in the provided filing.
• Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding on RSU vesting.
• Transaction code: F (tax withholding), meaning this is a routine withholding/disposition rather than a deliberate market sale.

Context
Tax-withholding dispositions on RSU vesting are common and typically routine — they do not necessarily indicate the insider’s view of the company. Unlike open-market purchases, these transactions are administratively required to cover taxes.