Form 4: CD&R Entities Acquire 408,573 Shares of Resideo (REZI) at ~$33.6
Rhea-AI Filing Summary
CD&R-affiliated entities reported insider purchases of Resideo Technologies, Inc. (REZI) common stock on September 2-3, 2025. The filing shows 180,000 shares were acquired on 09/02/2025 at a weighted average price of $33.5451 and 228,573 shares were acquired on 09/03/2025 at a weighted average price of $33.6349. After these purchases, the reporting group beneficially owned 13,270,734 shares in the issuer. The shares were purchased in multiple transactions within specified price ranges and the filing clarifies ownership is held directly by CD&R Channel Holdings II, L.P., with related entities potentially deemed to beneficially own the securities.
Positive
- Insider purchases totaling 408,573 shares were reported, indicating increased ownership by CD&R-affiliated entities
- Beneficial ownership rose to 13,270,734 shares, a clearly stated post-transaction position
Negative
- None.
Insights
TL;DR: Significant insider purchases totaling 408,573 shares at ~ $33.6 suggest increased stake by CD&R-affiliated holders.
The reported acquisitions of 408,573 shares over two days at weighted average prices of $33.5451 and $33.6349 increase the CD&R group's beneficial ownership to 13,270,734 shares. For investors, concentrated purchases by a major shareholder can signal confidence or a strategic position increase; the filing provides clear quantities and weighted prices but does not disclose the total dollar value aggregated per tranche beyond the averages. Ownership is direct to CD&R Channel Holdings II, L.P. with related partnerships and the investment committee identified in the explanatory notes.
TL;DR: Transactions are properly disclosed and include required explanatory ownership structure; no governance red flags shown.
The Form 4 discloses purchases executed in multiple transactions with weighted average prices and includes a standard beneficial ownership disclosure describing the general partner and investment committee relationships. The reporting persons expressly disclaim beneficial ownership except to the extent of pecuniary interest, consistent with common private-equity reporting practices. No dispositions, derivative transactions, or plan-related codes are indicated in the filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 228,573 | $33.6349 | $7.69M |
| Purchase | Common Stock | 180,000 | $33.5451 | $6.04M |
Footnotes (1)
- The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $33.10 to $33.73. The Reporting Person undertakes to provide to Resideo Technologies, Inc. (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 purchased at each separate price within the ranges set forth in this footnote and in footnote 3. These securities are owned directly by CD&R Channel Holdings II, L.P. ("CD&R Holdings II"). CD&R Investment Associates XII, Ltd. ("CD&R Holdings GP") is the general partner of CD&R Holdings II and may be deemed to beneficially own the reported securities. Investment and voting decisions with respect to the reported securities are made by majority vote of an investment committee (the "Investment Committee") of limited partners of CD&R Associates XII, L.P. ("CD&R Associates"), which may be deemed to beneficially own the reported securities. Each of CD&R Holdings GP and CD&R Associates, as well as each member of the Investment Committee, expressly disclaims beneficial ownership of the reported securities, except to the extent of their respective pecuniary interest therein. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $33.21 to $33.92.
