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

Daniel Kerzner, 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, Daniel Kerzner, President, Platforms Business 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, Kerzner directly owns 56,717 shares of Alarm.com.

Sentiment

Score: 5

Explanation: Neutral sentiment as the transaction is a routine sale to cover tax obligations and doesn't reflect a change in the executive's confidence in the company.

Industry Context

Executive stock sales are a common occurrence and are often related to compensation and tax planning. The sale itself doesn't necessarily indicate a negative outlook for the company.

Stakeholder Impact

• The sale is unlikely to have a significant impact on shareholders as it is a small percentage of the outstanding shares and is related to tax obligations.

Key Dates

Keywords

Alarm.com, ALRM, Daniel Kerzner, stock sale, Form 4, tax withholding, restricted stock units, equity incentive plans