Form 4: Alarm.com Executive Daniel Ramos Reports Stock Transaction
SEC Form 4 Filing
Daniel Ramos, Chief Legal and Compliance Officer at Alarm.com, reports disposition of shares to cover tax obligations related to vested restricted stock units.
Summary
- On May 15, 2024, Daniel Ramos, Chief Legal and Compliance Officer at Alarm.com Holdings, Inc., reported a transaction involving the disposition of 2,050 shares of common stock.
- The shares were disposed of to cover tax withholding obligations related to the settlement of vested restricted stock units.
- The price per share was $70.05.
- Following the transaction, Ramos directly owns 36,232 shares of Alarm.com common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as this is a routine transaction to cover tax obligations.
Industry Context
This is a routine disclosure of an insider transaction, which is common for executives who receive stock-based compensation. It doesn't necessarily indicate a change in the company's outlook or the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock transaction |
| 05/17/2024 | Date of signature |
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