Allegion plc·4

Feb 24, 12:15 PM ET

Ilardi David S. 4

Research Summary

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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.