Musial Nickolas A. 4
Research Summary
AI-generated summary
Allegion VP Nickolas Musial Receives Award; Shares Withheld
What Happened Nickolas A. Musial, VP, Controller & CAO of Allegion plc (ALLE), had 557 performance-based restricted stock units (PSUs) vest on Feb 4, 2026 (reported as an award/acquisition). To satisfy tax withholding on the vesting, 188 shares were withheld/disposed at $171.21 per share, totaling $32,187. The Form 4 covering these transactions was filed Feb 6, 2026.
Key Details
- Transaction dates: February 4, 2026 (vesting and withholding); Form 4 filed February 6, 2026.
- Award/acquisition: 557 shares reported at $0.00 (code A — vested PSUs).
- Tax withholding/disposition: 188 shares at $171.21 per share, total $32,187 (code F — shares withheld to cover taxes).
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnotes: F1 — the 557 shares are PSUs granted Feb 2023 that vested based on certified performance. F2 — 188 shares were withheld by the company to cover tax withholding obligations.
- Filing timeliness: report filed two days after the transaction date (no late-filing notation provided).
Context This was not an open-market purchase or sale for investment reasons but the vesting of previously granted performance stock units; withholding some vested shares for taxes is a routine administrative step (cashless to cover tax obligations) and does not necessarily indicate insider sentiment about the stock.