Ilardi David S. 4
4 · Allegion plc · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Allegion SVP David Ilardi Receives Award; Shares Withheld
What Happened
David S. Ilardi, Senior Vice President — Allegion Americas, received 4,137 ordinary shares on February 4, 2026 as the result of vested performance-based restricted stock units (PSUs). To satisfy tax withholding obligations, 1,212 of those shares were withheld (disposed) at a reported per-share value of $171.21, with the withholding amount reported as $207,500. Net shares delivered to Ilardi after withholding were 2,925.
Key Details
- Transaction dates: Awards and vesting certified on 2026-02-04; Form 4 filed 2026-02-06 (timely filing).
- Award (code A): 4,137 shares granted/issued at $0.00 (PSUs vested).
- Tax withholding (code F): 1,212 shares withheld at $171.21 per share for $207,500 reported.
- Net shares retained by insider (inferred): 2,925 shares (4,137 granted − 1,212 withheld).
- Footnotes: F1 — these were PSUs granted in Feb 2023 and vested based on performance certified 2/4/2026; F2 — shares were withheld to cover tax withholding on vesting.
- Shares owned after transaction: Not stated in this filing.
- No indication of a 10b5-1 plan or other sale plan in this report.
Context
This was not an open-market purchase or discretionary sale; it reflects PSUs awarded in 2023 that vested based on performance and were settled in shares, with a portion withheld to cover taxes (a common practice on vesting). The filing reports the award and the tax-withholding disposition but gives no commentary on future trading intentions.
Insider Transaction Report
- Award
Ordinary Shares
[F1]2026-02-04+4,137→ 13,762 total - Tax Payment
Ordinary Shares
[F2]2026-02-04$171.21/sh−1,212$207,500→ 12,550 total
Footnotes (2)
- [F1]Represents the number of ordinary shares underlying performance-based restricted stock units (PSUs) granted in February 2023 that were earned and have vested based on the level of performance achieved, as certified by the Issuer's Compensation and Human Capital Committee on February 4, 2026.
- [F2]Represents shares withheld by the Issuer to cover tax withholding obligations upon vesting of the PSUs.