Form 4: Alarm.com Executive Sells Shares to Cover Tax Obligations

Jeffrey A. Bedell, an executive at Alarm.com Holdings, Inc., sold 777 shares of common stock to cover tax withholding obligations related to vested restricted stock units.

Summary

• On April 2, 2025, Jeffrey A. Bedell, President, Ventures Business and Corporate Strategy 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, Bedell still beneficially owns 492,528 shares of Alarm.com common stock.

Sentiment

Score: 5

Explanation: This is a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative sentiment towards the company's future prospects.

Industry Context

Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives. This transaction is a routine part of executive compensation and equity management.

Stakeholder Impact

• The sale has a minimal impact on shareholders due to the small number of shares involved compared to the total outstanding shares.

Key Dates

Keywords

Alarm.com, Jeffrey A. Bedell, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, ALRM