Musial Nickolas A. 4
Research Summary
AI-generated summary
Allegion (ALLE) VP Nickolas Musial Withholds 85 Shares for Taxes
What Happened
Nickolas A. Musial, Vice President, Controller & Chief Accounting Officer of Allegion plc (ALLE), had 85 shares withheld by the company to cover tax withholding obligations upon vesting of a restricted stock unit award. The shares were valued at $160.16 each for a total of approximately $13,614. This was a tax-withholding disposition (not an open-market sale).
Key Details
- Transaction date: 2026-02-24; Filing date: 2026-02-26 (filed two days after the transaction).
- Action/code: F (shares withheld to satisfy tax withholding).
- Shares affected: 85 withheld at $160.16 each; total ~$13,614 (reported as "Disposed").
- Shares owned after transaction: not specified in this filing.
- Footnote: F1 — issuer withheld shares to cover tax withholding obligations upon RSU vesting.
Context
Withholding shares to cover taxes on vested restricted stock units is a routine administrative action and does not necessarily signal insider sentiment. This is effectively a cashless method to satisfy tax obligations rather than an active sale in the open market.