Form 4: Alarm.com Executive Executes Mandatory Tax Sell-to-Cover

Daniel Ramos, Chief Legal and Compliance Officer at Alarm.com, sold 2,532 shares to satisfy tax withholding obligations.

Summary

• Daniel Ramos, Chief Legal and Compliance Officer and SVP of Corporate Operations, sold 2,532 shares of Alarm.com common stock.
• The transaction occurred on May 26, 2026, at a weighted average price of $43.78 per share.
• The sale was a mandatory 'sell-to-cover' transaction to satisfy tax withholding obligations related to the vesting of restricted stock units.
• Following the transaction, the reporting person retains 63,099 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transaction is purely administrative and mandatory for tax purposes.

Positives

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

Negatives

• Reduction in the executive'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 provided in this filing.

Management Comments

• The sale was 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, serving as a mechanism to settle tax liabilities rather than reflecting a change in sentiment regarding company performance.

Comparison to Industry Standards

• The transaction aligns with standard corporate governance practices for handling tax withholding on vested equity awards.
• The use of a Rule 10b5-1(c) plan is consistent with best practices for executive stock transactions to avoid potential insider trading concerns.

Stakeholder Impact

• Minimal impact on shareholders as the sale was non-discretionary and related to tax obligations.

Next Steps

• None indicated.

Key Dates

Keywords

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