Allegion Appoints New Chief Accounting Officer
Ticker: ALLE · Form: 8-K · Filed: Dec 5, 2024 · CIK: 1579241
| Field | Detail |
|---|---|
| Company | Allegion PLC (ALLE) |
| Form Type | 8-K |
| Filed Date | Dec 5, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, compensation
TL;DR
Allegion names new CAO, Rock, starting Dec 9th with $325k salary + bonus.
AI Summary
Allegion plc announced on December 4, 2024, the appointment of Jeffrey L. N. Rock as its new Chief Accounting Officer, effective December 9, 2024. Rock will receive an annual base salary of $325,000 and will be eligible for the company's annual incentive plan. He will also receive a $50,000 signing bonus and restricted stock units valued at $500,000, vesting over three years.
Why It Matters
The appointment of a new Chief Accounting Officer is a key leadership change that can impact financial reporting and investor confidence.
Risk Assessment
Risk Level: low — This filing primarily concerns a routine executive appointment and compensation details, posing minimal immediate risk.
Key Numbers
- $325,000 — Annual Base Salary (For the new Chief Accounting Officer, Jeffrey L. N. Rock.)
- $50,000 — Signing Bonus (For the new Chief Accounting Officer.)
- $500,000 — Restricted Stock Units Value (Granted to the new Chief Accounting Officer, vesting over three years.)
Key Players & Entities
- Allegion plc (company) — The company making the announcement.
- Jeffrey L. N. Rock (person) — Newly appointed Chief Accounting Officer.
- $325,000 (dollar_amount) — Annual base salary for the new Chief Accounting Officer.
- $50,000 (dollar_amount) — Signing bonus for the new Chief Accounting Officer.
- $500,000 (dollar_amount) — Value of restricted stock units granted to the new Chief Accounting Officer.
- December 9, 2024 (date) — Effective date of the new Chief Accounting Officer's appointment.
FAQ
Who is the new Chief Accounting Officer of Allegion plc?
Jeffrey L. N. Rock has been appointed as the new Chief Accounting Officer of Allegion plc.
When does Jeffrey L. N. Rock's appointment become effective?
The appointment of Jeffrey L. N. Rock is effective December 9, 2024.
What is the annual base salary for the new Chief Accounting Officer?
The annual base salary for Jeffrey L. N. Rock is $325,000.
What is the value of the restricted stock units granted to the new Chief Accounting Officer?
Jeffrey L. N. Rock will receive restricted stock units valued at $500,000.
Does the new Chief Accounting Officer receive a signing bonus?
Yes, Jeffrey L. N. Rock will receive a signing bonus of $50,000.
Filing Stats: 797 words · 3 min read · ~3 pages · Grade level 10.5 · Accepted 2024-12-05 16:17:03
Key Financial Figures
- $0.01 — registered Ordinary shares, par value $0.01 per share ALLE New York Stock Excha
Filing Documents
- d908707d8k.htm (8-K) — 31KB
- d908707dex991.htm (EX-99.1) — 7KB
- g908707dsp005a.jpg (GRAPHIC) — 4KB
- 0001193125-24-271538.txt ( ) — 211KB
- alle-20241204.xsd (EX-101.SCH) — 4KB
- alle-20241204_def.xml (EX-101.DEF) — 14KB
- alle-20241204_lab.xml (EX-101.LAB) — 23KB
- alle-20241204_pre.xml (EX-101.PRE) — 15KB
- d908707d8k_htm.xml (XML) — 6KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release of Allegion plc dated December 4, 2024 104 Cover Page Interactive Data File (formatted in Inline XBRL) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ALLEGION PLC (Registrant) Date: December 5, 2024 /s/ Jeffrey N. Braun Jeffrey N. Braun Secretary