Allegion Appoints New Chief Accounting Officer

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

From the Filing

0001193125-24-271538.txt : 20241205 0001193125-24-271538.hdr.sgml : 20241205 20241205161703 ACCESSION NUMBER: 0001193125-24-271538 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20241204 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241205 DATE AS OF CHANGE: 20241205 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Allegion plc CENTRAL INDEX KEY: 0001579241 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-DETECTIVE, GUARD & ARMORED CAR SERVICES [7381] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 981108930 STATE OF INCORPORATION: L2 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35971 FILM NUMBER: 241529319 BUSINESS ADDRESS: STREET 1: BLOCK D IVEAGH COURT STREET 2: HARCOURT ROAD CITY: DUBLIN 2 STATE: L2 ZIP: 00000 BUSINESS PHONE: (317) 810-3700 MAIL ADDRESS: STREET 1: C/O SCHLAGE LOCK COMPANY, LLC STREET 2: 11819 N. PENNSYLVANIA STREET CITY: CARMEL STATE: IN ZIP: 46032 8-K 1 d908707d8k.htm 8-K 8-K Allegion plc 0001579241 false 0001579241 2024-12-04 2024-12-04 0001579241 us-gaap:CommonStockMember 2024-12-04 2024-12-04 0001579241 alle:ThreePointFivePercentSeniorNotesDue2029Member 2024-12-04 2024-12-04 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 4, 2024     ALLEGION PUBLIC LIMITED COMPANY (Exact Name of Registrant as Specified in Charter)         Ireland   001-35971    98-1108930     (State or Other Jurisdiction of Incorporation)   (Commission File Number)    (IRS Employer Identification No.)         Block D Iveagh Court Harcourt Road Dublin 2 Ireland   D02 VH94       (Address of Principal Executive Offices)   (Zip Code)   ( 353 )( 1 ) 2546200 (Registrant’s telephone number, including area code) N/A (Former Name or Former Address, if Changed Since Last Report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Ordinary shares, par value $0.01 per share   ALLE   New York Stock Exchange 3.500% Senior Notes due 2029   ALLE 3 1 ⁄ 2   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Ce