Form 4: Alarm.com Executive Executes Mandatory Tax-Related Sale

Alarm.com President of Platforms Business Daniel Kerzner sold 3,944 shares to cover tax obligations related to vested restricted stock units.

Summary

• Daniel Kerzner, President of Platforms Business at Alarm.com, sold 3,944 shares of common stock on May 26, 2026.
• The transaction was executed at a weighted average price of $43.78 per share.
• The sale was a mandatory 'sell to cover' transaction to satisfy tax withholding obligations resulting from the vesting of restricted stock units.
• Following the transaction, the reporting person retains beneficial ownership of 101,141 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was purely administrative and mandatory to cover tax liabilities rather than a discretionary divestment.

Positives

• The transaction was non-discretionary and mandated by the company's equity incentive plan requirements.

Negatives

• Reduction in the reporting person's direct equity stake in the company.

Risks

• None identified; this is a routine administrative transaction related to tax compliance.

Future Outlook

No forward-looking guidance or strategic outlook provided in this filing.

Management Comments

• The sale is mandated by the Issuer's election under its equity incentive plans to require the Reporting Person to fund this tax withholding obligation.

Industry Context

StockSavvy.ai notes that 'sell to cover' transactions are standard industry practice for executives receiving equity-based compensation and do not typically signal a change in management sentiment regarding company performance.

Comparison to Industry Standards

• The transaction follows standard corporate governance practices for handling tax liabilities associated with RSU vesting.
• The use of a Rule 10b5-1(c) plan is consistent with best practices for executive equity management to avoid potential insider trading concerns.

Stakeholder Impact

• Minimal impact on shareholders as the transaction was non-discretionary and limited in volume.

Next Steps

• None mentioned.

Key Dates

Keywords

Alarm.com, ALRM, Insider Trading, Form 4, Equity Compensation, Tax Withholding