Director at Alarm.com (ALRM) receives 3,222 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Evans Stephen C. reported acquisition or exercise transactions in this Form 4 filing.
Alarm.com Holdings, Inc. director Stephen C. Evans received a grant of 3,222 restricted stock units, each representing one share of common stock at no cash cost. These units vest on the day before the company’s 2027 annual stockholders meeting, contingent on his continued service. Following this award, he directly holds 9,345 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Evans Stephen C.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,222 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 9,345 shares (Direct, null)
Footnotes (1)
- Represents a grant of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer. The shares underlying this restricted stock unit award vest on the date preceding the date of the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person's continued service with the Issuer on such date.
Key Figures
RSU grant size: 3,222 units
Grant price: $0.00 per unit
Shares held after: 9,345 shares
+1 more
4 metrics
RSU grant size
3,222 units
Restricted stock units granted to director on 2026-06-04
Grant price
$0.00 per unit
Equity compensation, no cash paid by director
Shares held after
9,345 shares
Total Alarm.com common stock directly owned after grant
Vesting timing
Pre-2027 meeting
Vests on date preceding 2027 annual stockholders meeting
Key Terms
restricted stock units, contingent right, vest, annual meeting of stockholders
4 terms
restricted stock units financial
"Represents a grant of 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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vest financial
"The shares underlying this restricted stock unit award vest on the date preceding"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of stockholders financial
"on the date preceding the date of the Issuer's 2027 annual meeting of stockholders"
FAQ
What insider transaction did Alarm.com (ALRM) report for Stephen C. Evans?
Alarm.com reported that director Stephen C. Evans received a grant of 3,222 restricted stock units. Each unit represents a contingent right to one share of common stock, awarded as equity compensation rather than an open-market purchase or sale.
At what price were Stephen C. Evans’ Alarm.com RSUs granted?
The 3,222 restricted stock units for Stephen C. Evans were granted at a price of $0.00 per unit. This reflects a typical compensation grant structure, where no cash is paid by the director to receive the equity award.
When do Stephen C. Evans’ Alarm.com restricted stock units vest?
These restricted stock units vest on the date preceding Alarm.com’s 2027 annual meeting of stockholders. Vesting is conditioned on Evans’ continued service with the company through that date, aligning the award with longer-term board tenure.
What does a restricted stock unit grant mean for Alarm.com director compensation?
A restricted stock unit grant gives the director a contingent right to receive shares at a future vesting date. For Alarm.com, this aligns director compensation with long-term shareholder interests, since full value is realized only if service requirements are met.