Tracy L. Kemp, SVP-Chief Information and Digital Officer at Allegion plc (NYSE:ALLE), filed a Form 4 on October 27, 2026, reporting a stock option exercise and same-day sale of 4,469 ordinary shares on October 26, 2026.

Key Highlights

  • Option exercise: Kemp acquired 4,469 ordinary shares on October 26, 2026, via a stock option exercise at a conversion price of $88.08 per share (transaction code M).
  • Same-day sale: All 4,469 acquired shares were disposed of on October 26, 2026, at a price of $178.805 per share (transaction code S).
  • Remaining ownership: Following both transactions, Kemp directly held 11,358 ordinary shares, according to the filing.
  • Option background: The exercised stock option vested in equal annual installments on February 21, 2020, February 21, 2021, and February 21, 2022, with an expiration date of February 21, 2029.
  • Derivative position closed: The derivative security beneficial ownership following the exercise is reported as 0.
  • Filing signed by: Tandra M. Foster as Attorney-In-Fact, dated October 27, 2026.

Kemp's October 2026 Option Exercise and Share Disposal at Allegion

According to the Form 4 filed with the SEC, Tracy L. Kemp, serving as SVP-Chief Information and Digital Officer of Allegion plc, reported two transactions in the company's ordinary shares on October 26, 2026. The first was the exercise of a stock option covering 4,469 shares at an exercise price of $88.08 per share. The filing notes that this option "vested in equal annual installments on February 21, 2020, February 21, 2021, and February 21, 2022," and carried an expiration date of February 21, 2029.

Immediately following the exercise, the filing reports that Kemp disposed of the same 4,469 ordinary shares at a price of $178.805 per share. Prior to these transactions, beneficial ownership stood at 15,827 shares directly held. After the exercise (code M), that figure rose to 15,827 shares, and after the subsequent sale (code S), direct ownership fell to 11,358 ordinary shares, as reported in the filing.

The derivative security position, which consisted of the stock option covering 4,469 ordinary shares, was reported as fully exercised, with zero derivative securities beneficially owned following the transaction. Both the underlying shares and the derivative are recorded as directly owned. The Form 4 was filed by Tandra M. Foster as Attorney-In-Fact on October 27, 2026, on behalf of Kemp.

What Was Disclosed

The filing discloses that Tracy L. Kemp of Allegion plc exercised stock options covering 4,469 ordinary shares at $88.08 and sold those shares at $178.805 on October 26, 2026, leaving a directly held position of 11,358 ordinary shares.