Alarm.com (ALRM) officer executes 3,944-share tax-withholding sale, retains 101,141
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alarm.com Holdings, Inc. officer Daniel Kerzner reported an open-market sale of 3,944 shares of common stock at a weighted average price of $43.78 per share. According to the filing, the sale was required to cover tax withholding on vested restricted stock units under the company’s equity incentive plans and was not a discretionary trade. Following this transaction, Kerzner directly holds 101,141 shares of Alarm.com common stock.
Positive
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Negative
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Insider Trade Summary 10b5-1
Net Seller: 3,944 shares ($172,668)
Net Sell
1 txn
Insider
Kerzner Daniel
Role
See Remarks
Sold
3,944 shs ($173K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,944 | $43.78 | $173K |
Holdings After Transaction:
Common Stock — 101,141 shares (Direct, null)
Footnotes (1)
- Represents the number of shares required to be sold by the Reporting Person to cover the tax withholding obligation in connection with the settlement of vested restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the Reporting Person to fund this tax withholding obligation by completing a "sell to cover" transaction with a brokerage firm designated by the Issuer. This sale does not represent a discretionary trade by the Reporting Person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.57 - $44.00, 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.
Key Figures
Shares sold: 3,944 shares
Weighted average sale price: $43.78 per share
Sale price range: $43.57–$44.00 per share
+1 more
4 metrics
Shares sold
3,944 shares
Common stock sold on 2026-05-26
Weighted average sale price
$43.78 per share
Open-market sale covering tax withholding
Sale price range
$43.57–$44.00 per share
Multiple transactions within this price range
Shares held after transaction
101,141 shares
Direct common stock ownership after sale
Key Terms
sell to cover, restricted stock units, weighted average price
3 terms
sell to cover financial
"require the Reporting Person to fund this tax withholding obligation by completing a "sell to cover" transaction"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
restricted stock units financial
"in connection with the settlement of vested restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What insider transaction did Alarm.com (ALRM) report for Daniel Kerzner?
Alarm.com reported that officer Daniel Kerzner sold 3,944 shares of common stock. The sale was executed to cover tax withholding obligations tied to vested restricted stock units, as required under the company’s equity incentive plans, and was not a discretionary trade.