Form 4: Alarm.com Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Jeffrey A. Bedell, an officer at Alarm.com Holdings, Inc., sold 2,019 shares of common stock to cover tax withholding obligations related to vested restricted stock units.
Summary
- On May 16, 2025, Jeffrey A. Bedell, President, Ventures Business and Corporate Strategy at Alarm.com Holdings, Inc., sold 2,019 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 $59.51, with individual transactions ranging from $59.19 to $59.68.
- Following the transaction, Bedell still beneficially owns 490,509 shares of Alarm.com common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the transaction is a routine sale to cover tax obligations.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The sale has a minimal impact on shareholders as it is a small percentage of Bedell's total holdings.
Key Dates
| Date | Description |
|---|---|
| 05/16/2025 | Date of stock sale transaction. |
Keywords
Alarm.com, ALRM, Jeffrey A. Bedell, stock sale, Form 4, tax withholding, restricted stock units, equity incentive plans
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