Hawes Jennifer L 4

What Happened

• Jennifer L. Hawes, Senior Vice President and Chief Human Resources Officer of Allegion plc, had 106 shares withheld by the company to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The withheld shares were valued at $160.16 each, totaling $16,977.
• This was a tax-withholding disposition (routine) rather than an open-market sale or purchase and does not indicate an active sale to outside investors.

Key Details

• Transaction date: 2026-02-24; Per-share value used: $160.16; Total value withheld: $16,977.
• Transaction type: Tax withholding upon RSU vesting (Form 4 code F; footnote: shares withheld by the issuer to cover tax withholding).
• Shares owned after transaction: Not specified in the provided filing summary.
• Filing: Reported to the SEC on 2026-02-26 for a 2026-02-24 transaction — appears timely (no late filing indicated).

Context

• Withholding shares to cover taxes on vested RSUs is a common administrative action (a "cashless" or share-for-tax withholding) and is routine for executives receiving equity compensation.
• Such withholdings are not the same as an insider selling shares on the open market and generally should not be interpreted as a signal of the insider’s view on the company’s stock.