Form 4: Resideo Technologies Executive Stephen Kelly Reports Stock Disposal

Sentiment:

SEC Form 4 Filing


Stephen Kelly, EVP and Chief HR Officer of Resideo Technologies, disposed of 2,640 shares of common stock to cover tax obligations.

Summary

  • On February 5, 2025, Stephen Montgomery Kelly, EVP and Chief HR Officer of Resideo Technologies, Inc., disposed of 2,640 shares of common stock.
  • The transaction was executed at a price of $21.89 per share.
  • This disposal was likely to cover tax obligations related to vesting equity.
  • Following the transaction, Kelly directly owns 194,358 shares of Resideo Technologies, Inc.
  • This number includes 465 shares acquired through the company's employee stock purchase plan.
  • The reported balance reflects a corrected number of shares held following the transaction.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports a stock disposal, likely for tax purposes, which is a routine event.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This allows investors to monitor the actions of key personnel and assess their confidence in the company's prospects.

Stakeholder Impact

  • The disposal of shares by an executive could be perceived negatively by some shareholders, but is likely immaterial given the relatively small number of shares involved.

Key Dates

DateDescription
02/05/2025Date of stock disposal transaction.
02/07/2025Date of Form 4 filing.

Keywords

Resideo Technologies, REZI, Stephen Kelly, Form 4, Stock Disposal, Executive, Insider Trading, Beneficial Ownership, EVP, Chief HR Officer

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