ALRM.NASDAQAlarmcom Holdings, INC

Form 4: Alarm.com CEO Stephen Trundle Sells Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing

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Alarm.com's CEO, Stephen Trundle, sold 1,553 shares of common stock on April 2, 2025, to cover tax withholding obligations related to the settlement of vested restricted stock units.

Summary

  • On April 2, 2025, Stephen Trundle, the CEO of Alarm.com Holdings, Inc., sold 1,553 shares of common stock at a price of $55.49 per share.
  • The sale was mandated by Alarm.com's equity incentive plans to cover tax withholding obligations related to the settlement of vested restricted stock units.
  • Following the transaction, Trundle directly owns 251,129 shares of Alarm.com common stock.
  • He also indirectly owns 1,289,343 shares through Backbone Partners, LLC, 259,687 shares through the Stephen Trundle 2015 Gift Trust, and 9,862 shares through the Footings Advancement Trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a routine stock sale for tax purposes. It doesn't indicate any significant positive or negative sentiment.

Industry Context

Sales of shares to cover tax obligations are a routine part of executive compensation and equity incentive plans.

Stakeholder Impact

  • The sale of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates

DateDescription
04/02/2025Date of the transaction (sale of shares)
04/04/2025Date of the signature on the Form 4 filing

Keywords

Alarm.com, Stephen Trundle, share sale, Form 4, tax withholding, restricted stock units, beneficial ownership

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