Form 4: Resideo Technologies CFO Anthony Trunzo Reports Stock Disposal for Tax Obligations

Anthony Trunzo, EVP and CFO of Resideo Technologies, disposed of 66,001 shares of common stock on June 8, 2024, to cover tax obligations.

Summary

• On June 8, 2024, Anthony L. Trunzo, the EVP and Chief Financial Officer of Resideo Technologies, Inc. (REZI), reported a transaction involving the disposal of 66,001 shares of common stock.
• The shares were disposed of at a price of $20.575 per share.
• Following the transaction, Trunzo directly owns 366,964 shares of Resideo Technologies common stock.
• Trunzo also indirectly owns 2,020 shares held by Son 1 and 2,000 shares held by Son 2.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports a transaction. The disposal of shares by an executive can sometimes be viewed negatively, but in this case, it appears to be for tax obligations, which is a common and expected practice.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely to be minimal given the relatively small number of shares involved.

Key Dates