Form 4: Alarm.com Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Daniel Ramos, Chief Legal and Compliance Officer of Alarm.com, sold 777 shares of common stock to cover tax withholding obligations related to vested restricted stock units.
Summary
- On April 2, 2025, Daniel Ramos, Chief Legal and Compliance Officer at Alarm.com Holdings, Inc., sold 777 shares of common stock.
- The sale was executed to cover tax withholding obligations associated with the settlement of vested restricted stock units.
- The shares were sold at a weighted average price of $55.49, with individual transactions ranging from $55.10 to $55.72.
- Following the transaction, Ramos beneficially owns 40,323 shares of Alarm.com common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sell to cover taxes) and doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Executive share sales are a common occurrence in publicly traded companies, often related to compensation and tax obligations. This transaction appears routine and doesn't necessarily indicate a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 04/02/2025 | Date of transaction: Daniel Ramos sold shares of Alarm.com common stock. |
| 04/04/2025 | Date of Form 4 filing. |
Keywords
Alarm.com, Daniel Ramos, share sale, Form 4, tax withholding, restricted stock units, ALRM, executive compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.