Alarm.com CFO sells shares to cover taxes
Alarm.com Holdings, Inc. Chief Financial Officer Bradley Kevin Christopher reported an open-market sale of 1,510 shares of common stock on March 18, 2026 at a weighted average price of $45.97 per share.
Rhea-AI Filing Summary
Alarm.com Holdings, Inc. Chief Financial Officer Bradley Kevin Christopher reported an open-market sale of 1,510 shares of common stock on March 18, 2026 at a weighted average price of $45.97 per share. The price reflects multiple trades between $45.88 and $46.07.
According to the disclosure, these shares were sold solely to cover tax withholding obligations arising from the settlement of vested restricted stock units under the company’s equity incentive plans, pursuant to a mandated “sell to cover” arrangement designated by the company, and do not represent a discretionary trade. Following this transaction, Christopher directly holds 51,546 shares of Alarm.com common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,510 | $45.97 | $69K |
Footnotes (2)
- F1. 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.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.88 - $46.07, 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Alarm.com (ALRM) disclose for its CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.