Form 4: Alarm.com CFO Sells Shares to Cover Tax Obligations

Alarm.com's Chief Financial Officer, Kevin Christopher Bradley, sold 390 shares of common stock on May 16, 2025, to cover tax withholding obligations related to vested restricted stock units.

Summary

• On May 16, 2025, Kevin Christopher Bradley, the Chief Financial Officer of Alarm.com Holdings, Inc., sold 390 shares of the company's common stock.
• The sale was executed at a weighted average price of $59.51 per share, with individual transactions ranging from $59.19 to $59.68.
• The purpose of the sale was to cover the tax withholding obligations associated with the settlement of vested restricted stock units.
• Following the transaction, Bradley directly owns 53,810 shares of Alarm.com common stock.
• The sale was mandated by Alarm.com's equity incentive plans, requiring Bradley to fund the tax obligation through a 'sell to cover' transaction.

Sentiment

Score: 7

Explanation: Neutral sentiment as the transaction is a routine sale to cover tax obligations and doesn't necessarily indicate a change in the CFO's confidence in the company.

Industry Context

Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. This transaction is a standard 'sell to cover' to meet tax obligations, which is a common practice.

Stakeholder Impact

• The sale has a minimal impact on shareholders as it is a small transaction related to tax obligations.

Key Dates

Keywords

Alarm.com, Kevin Christopher Bradley, CFO, Form 4, Share Sale, Tax Withholding, Restricted Stock Units, ALRM