Form 4: Alarm.com Director Darius G. Nevin Reports Stock Sale

Director Darius G. Nevin of Alarm.com Holdings, Inc. reports the sale of 2,593 shares of common stock at $73.55 per share on March 15, 2024.

Summary

• On March 15, 2024, Darius G. Nevin, a director of Alarm.com Holdings, Inc., reported a transaction involving the company's common stock.
• Nevin sold 2,593 shares of common stock at a price of $73.55 per share.
• Following the transaction, Nevin directly owns 19,561 shares of Alarm.com's common stock.
• Nevin also indirectly owns 2,500 shares through G3 Investment Holdings, LLC, where he is a co-owner.

Sentiment

Score: 5

Explanation: This is a neutral event. A director selling shares is a common occurrence and doesn't inherently indicate positive or negative sentiment. It's a routine disclosure.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's a standard practice and doesn't necessarily indicate a change in the company's fundamentals.

Stakeholder Impact

• The stock sale by a director could have a minor psychological impact on shareholders, but the transaction is relatively small and unlikely to cause significant concern.

Key Dates