Ilardi David S. 4
Research Summary
AI-generated summary
Allegion SVP David Ilardi Withholds 332 Shares for Taxes
What Happened
David S. Ilardi, Senior Vice President — Allegion Americas, had a total of 332 Allegion (ALLE) shares withheld by the company to satisfy tax withholding obligations when restricted stock units vested. Transactions: 173 shares withheld on 2026-02-20 (173 x $162.92 = $28,185) and 159 shares withheld on 2026-02-22 (159 x $162.92 = $25,904), for a combined value of about $54,089. These were issuer-withheld shares to cover taxes, not open-market sales.
Key Details
- Transaction dates and prices: 2026-02-20 — 173 shares at $162.92 ($28,185); 2026-02-22 — 159 shares at $162.92 ($25,904).
- Total shares withheld: 332; total value ≈ $54,089.
- Shares owned after transaction: Not reported in the provided filing details.
- Footnote: F1 — shares were withheld by the issuer to cover tax withholding on RSU vesting (transaction code F = tax withholding).
- Filing: Form 4 filed 2026-02-24 reporting the 2026-02-20 and 2026-02-22 transactions; the filing does not flag a late-report designation.
Context
Withholding shares to cover taxes on vested RSUs is a routine administrative transaction and does not necessarily signal an insider view on the company’s stock. This is a disposition for tax purposes (issuer withholding), not an open-market sale.