Alarm.com (NASDAQ: ALRM) director sells 36,000 shares after option exercise
Rhea-AI Filing Summary
Alarm.com Holdings, Inc. director Darius G. Nevin exercised and sold shares in a planned transaction. On 2026-03-18, he exercised stock options for 36,000 shares of Common Stock at an exercise price of $21.70 per share, converting them into Common Stock.
That same day, he sold 36,000 Common Stock shares in open-market transactions at a weighted average price of $46.17 per share, with individual trades ranging from $45.83 to $46.65. These sales were carried out under a pre-arranged Rule 10b5-1 Trading Plan adopted on 12/16/2024.
After these transactions, Nevin directly held 24,375 Common Stock shares and also had indirect ownership of 2,500 shares through G3 Investment Holdings, LLC, where he is a co-owner and shares voting and dispositive power while disclaiming beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 36,000 | $0.00 | -- |
| Exercise | Common Stock | 36,000 | $21.70 | $781K |
| Sale | Common Stock | 36,000 | $46.17 | $1.66M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- These sales were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on 12/16/2024. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.83 - $46.65, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4. These securities are directly held by G3 Investment Holdings, LLC ("G3 Investments"). The Reporting Person is a co-owner of G3 Investments, and shares voting and dispositive power over the securities held by G3 Investments. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. Immediately exercisable and fully vested.