Allegion plc Officer Files Form 144 Intending to Sell $1.14M in Common Stock
Allegion plc
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Filing Summary
Proposed Sale of 6,364 Common shares ($1,136,738.32) by Timothy P. Eckersley (Officer) on 2026-10-26 via Fidelity Brokerage Services LLC.
Comprehensive Analysis
Transaction Overview
On October 26, 2026, Timothy P. Eckersley, an Officer at Allegion plc (NYSE: ALLE), filed a Form 144 notice disclosing the proposed sale of 6,364 shares of Common Stock through Fidelity Brokerage Services LLC. The aggregate market value of the proposed transaction is $1,136,738.32, implying an estimated price per share of approximately $178.62.
Origin of Shares and Context
- Acquisition History: The 6,364 shares slated for sale were acquired on February 5, 2025, directly from the issuer via restricted stock vesting as part of equity compensation.
- Prior Activity: The filer reported no securities sold during the preceding three months.
- Volume Significance: The 6,364 shares represent less than 0.01% of Allegion plc's 84,321,432 shares outstanding.
Assessment
Given the routine nature of liquidating vested restricted equity awards and the negligible proportion of total shares outstanding, this filing carries Low trading significance and is not indicative of an operational shift or fundamental reassessment of the issuer.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
