Hawes Jennifer L 4

What Happened

• Jennifer L. Hawes, SVP and Chief Human Resources Officer at Allegion plc, had shares withheld by the company to satisfy tax withholding on vested restricted stock units. On 2026-02-20, 109 shares were withheld at $162.92 per share (value $17,758). On 2026-02-22, 100 shares were withheld at $162.92 per share (value $16,292). Combined, 209 shares were disposed of for approximately $34,050. This is a tax-withholding disposition (routine) rather than an open-market sale by the insider.

Key Details

• Transaction dates and prices:
  • 2026-02-20: 109 shares @ $162.92 → $17,758
  • 2026-02-22: 100 shares @ $162.92 → $16,292
• Total shares withheld/disposed: 209; total value ≈ $34,050.
• Transaction code: F (shares withheld to cover tax withholding).
• Footnote: F1 — shares were withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Filing: Form 4 filed 2026-02-24 (appears timely based on the reported transaction dates).

Context

• Withholding to cover taxes on vested RSUs is routine and typically does not reflect a discretionary sale by the insider. It’s a corporate action to satisfy tax obligations and should not necessarily be read as a signal of management’s market view.