Alarm.com (ALRM) director Timothy McAdam receives 3,222 restricted stock units as equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McAdam Timothy P reported acquisition or exercise transactions in this Form 4 filing.
Alarm.com Holdings director Timothy P. McAdam received an equity award in the form of restricted stock units. On the reported date, he was granted 3,222 RSUs, each representing a contingent right to one share of Alarm.com common stock at no purchase price.
The shares underlying this award vest on the date preceding Alarm.com’s 2027 annual meeting of stockholders, provided he continues serving the company through that date. Following this grant, McAdam directly holds 103,838 shares of common stock, reflecting a routine, compensation-related increase in his equity stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McAdam Timothy P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,222 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 103,838 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 shares
Grant price: $0.00 per share
Post-grant holdings: 103,838 shares
+1 more
4 metrics
RSU grant size
3,222 shares
Restricted stock units granted to director on transaction date
Grant price
$0.00 per share
Equity award granted at no purchase price
Post-grant holdings
103,838 shares
Total Alarm.com common shares directly held after transaction
Vesting timing
Pre-2027 annual meeting
RSUs vest the day before the 2027 annual stockholders’ meeting
Key Terms
restricted stock units, contingent right, annual meeting of stockholders, grant, award, or other acquisition
4 terms
restricted stock units financial
"Represents a grant of restricted stock units. Each restricted stock unit represents a contingent right to receive one share"
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 of common stock"
annual meeting of stockholders financial
"vest on the date preceding the date of the Issuer's 2027 annual meeting of stockholders"
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What insider transaction did Alarm.com (ALRM) report for Timothy P. McAdam?
Alarm.com reported that director Timothy P. McAdam received a grant of 3,222 restricted stock units. Each RSU represents a contingent right to one share of Alarm.com common stock as part of his equity-based compensation, not an open-market share purchase.
What are the vesting terms of Timothy P. McAdam’s Alarm.com (ALRM) restricted stock units?
The shares underlying McAdam’s 3,222 restricted stock units vest on the date preceding Alarm.com’s 2027 annual meeting of stockholders. Vesting is contingent on his continued service with the company through that date, aligning the award with long-term board tenure.
Was Timothy P. McAdam’s Alarm.com (ALRM) Form 4 a stock purchase or compensation grant?
The Form 4 reflects a compensation grant, not an open-market stock purchase. Timothy P. McAdam received 3,222 restricted stock units at no purchase price, categorized as a grant, award, or other acquisition of Alarm.com common stock for board service.
Does Timothy P. McAdam pay for the Alarm.com (ALRM) restricted stock units granted?
No cash payment is required for these restricted stock units. The 3,222 RSUs were granted at a price of $0.00 per share as equity compensation, giving McAdam a contingent right to Alarm.com shares upon vesting, subject to his continued service.