Musial Nickolas A. 4
Research Summary
AI-generated summary
Allegion (ALLE) VP/CAO Nickolas Musial Sells Shares for Taxes
What Happened
- Nickolas A. Musial, Vice President, Controller & Chief Accounting Officer of Allegion plc, had shares withheld to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs). The Form 4 reports two withholding transactions: 102 shares on Feb 20, 2026 at $162.92/share ($16,618) and 82 shares on Feb 22, 2026 at $162.92/share ($13,359). In total 184 shares were withheld, roughly $29,977.
- This was a tax-withholding/settlement (routine disposal), not an open-market sale or purchase.
Key Details
- Transaction dates and prices:
- Feb 20, 2026 — 102 shares withheld at $162.92/share = $16,618
- Feb 22, 2026 — 82 shares withheld at $162.92/share = $13,359
- Total withheld: 184 shares, approximately $29,977.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: F1 — shares were withheld by the issuer to cover tax withholding upon vesting of an RSU award.
- Filing: Form filed Feb 24, 2026 (appears timely based on the reported transaction dates).
Context
- Code F indicates shares were withheld by the company to meet tax obligations on vested RSUs — a common, administrative action (often referred to as "shares withheld" or a cashless settlement), not a discretionary sale by the insider. Such withholdings generally do not by themselves signal insider sentiment about the company.