Form 4: Alarm.com Executive Jeffrey Bedell Reports Stock Transaction
SEC Form 4 Filing
Jeffrey Bedell, a key executive at Alarm.com, reports the withholding of shares to cover tax obligations related to vested restricted stock units.
Summary
- On May 15, 2024, Jeffrey A. Bedell, President, Ventures Business and Corporate Strategy at Alarm.com Holdings, Inc., reported a transaction involving common stock.
- A total of 2,393 shares were disposed of to cover tax withholding obligations related to the settlement of vested restricted stock units.
- The transaction was executed at a price of $70.05 per share.
- Following the transaction, Bedell beneficially owns 476,859 shares of Alarm.com common stock directly.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard procedure for tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock transaction (disposal of shares for tax withholding). |
| 05/17/2024 | Date of signature for the Form 4 filing. |
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