Wagnes Michael J. 4
4 · Allegion plc · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Allegion CFO Michael J. Wagnes Sells 482 Shares to Cover Taxes
What Happened
Michael J. Wagnes, Allegion plc's Senior Vice President and Chief Financial Officer, had 482 shares withheld by the company to satisfy tax withholding obligations upon vesting of restricted stock units. The shares were valued at $160.16 each, for a total of approximately $77,197. This is a routine tax-withholding disposition (not an open-market sale).
Key Details
- Transaction date: 2026-02-24; Filing date: 2026-02-26 (filed within the typical 2-business-day Form 4 window).
- Action: F (shares withheld to cover tax liability upon RSU vesting) — 482 shares @ $160.16 each; total value ~ $77,197.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: F1 — issuer withheld shares to cover tax withholding obligations upon vesting of a restricted stock unit award.
- Filing timeliness: Not indicated as late in the filing.
Context
This was a cashless/withholding action tied to RSU vesting (issuer withheld shares to cover taxes), which is a common, routine corporate administration step and not necessarily a signal of investment intent. It reduced the insider's share count by the withheld amount but does not reflect an open-market sale or purchase.
Insider Transaction Report
- Tax Payment
Ordinary Shares
[F1]2026-02-24$160.16/sh−482$77,197→ 31,299 total
Footnotes (1)
- [F1]Represents shares withheld by the Issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.