Allegion (ALLE) President David Ilardi Exercises Options, Sells 549 Shares

What Happened

• David S. Ilardi, President-Amer & SVP of Allegion plc, exercised 549 stock options at $71.83 per share (total exercise cost $39,437) on 2026-08-18 and sold the same 549 shares in an open-market sale at $161.09 per share for $88,438 the same day. A corresponding derivative position for 549 shares was terminated/converted in the transaction. The transactions produced a gross pre-tax gain of $88,438 - $39,437 = $49,001.

Key Details

• Transaction date: 2026-08-18; Filing date: 2026-08-19 (timely filing).
• Exercise: 549 shares @ $71.83 = $39,437 (acquired).
• Sale: 549 shares @ $161.09 = $88,438 (disposed, open market).
• Derivative disposed: 549 shares @ $0.00 (option converted/exercised).
• Shares owned after transaction: Not specified in this Form 4 filing.
• Footnote: The option vested in equal annual installments on Feb 13 of 2018, 2019 and 2020 and was exercisable.

Context

• This was an exercise of vested stock options followed by an immediate sale of the shares (a cashless exercise), a common way for executives to realize gains from vested options. Such transactions are routine and do not by themselves indicate the insider's view of the company.