Musial Nickolas A. 4

What Happened
Nickolas A. Musial, Allegion's Vice President, Controller & Chief Accounting Officer, received equity awards on February 19, 2026. The filing reports 923 restricted stock units (RSUs) granted and a derivative award of 1,750 shares (a stock option), both shown with an acquisition price of $0.00 — indicating these were granted awards, not open‑market purchases or sales.

Key Details

• Transaction date: 2026-02-19; Form 4 filed: 2026-02-23. Filing appears timely (no late filing flag).
• Awards: 923 RSUs (grant) and 1,750 derivative units (stock option); reported acquisition price $0.00 for both.
• Vesting (footnotes): Both awards vest in equal annual installments on Feb 19, 2027, Feb 19, 2028 and Feb 19, 2029. (F1 describes the RSUs; F2 describes the stock option.)
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Nature of transaction: award/grant (code "A") — not a purchase, sale, exercise, or tax withholding event.

Context
RSUs and stock‑option grants are common components of executive compensation designed to retain employees; they do not represent immediate cash proceeds or realized sales. The option/derivative grant will only convert to shares if vested and any exercise conditions (including strike price and exercise window) are met; the Form 4 shows the grant amount and vesting schedule but does not disclose option strike price in this excerpt. For retail investors, grants are informative about compensation and retention but are not the same signal as an open‑market purchase, which can indicate personal bullish conviction.