Insider Purchases Raise CD&R Stake in Resideo to 12.8M Shares — REZI Form 4
Rhea-AI Filing Summary
CD&R entities reported purchases of Resideo Technologies, Inc. (REZI) common stock on August 19-21, 2025. CD&R Channel Holdings II, L.P. purchased 135,641 shares on 08/19/2025 at a weighted average price of $32.4113, 297,000 shares on 08/20/2025 at $31.9375, and 250,000 shares on 08/21/2025 at $32.1636, for a total of 682,641 shares acquired. Following these transactions, the filing reports 12,815,208 shares beneficially owned by the reporting group. The shares are owned directly by CD&R Channel Holdings II, L.P., with CD&R Investment Associates XII, Ltd. as general partner and CD&R Associates XII, L.P. involved via the investment committee; each entity disclaims beneficial ownership except for pecuniary interests. Footnotes disclose that reported prices are weighted averages across multiple trades within stated ranges.
Positive
- Substantial insider purchases: Reporting group acquired a total of 682,641 shares over three days.
- Transparent pricing disclosure: Weighted-average prices provided and footnotes offer transaction-level details upon request.
- Detailed ownership chain: Filing discloses direct ownership, general partner, and investment committee roles with customary disclaimers.
Negative
- No sale transactions reported to show any reduction in stake; filing only records purchases.
- Weighted-average pricing only: Specific per-trade counts at each price not included in the filing (available only upon request).
Insights
TL;DR: Significant insider purchases totaling 682,641 shares increase the reporting group’s stake to 12.8 million shares, shown at weighted-average prices around $32.
The transactions occurred over three consecutive days with weighted-average prices between $31.94 and $32.41. The filing shows direct ownership by CD&R Channel Holdings II, L.P. and potential beneficial ownership by affiliated entities through the general partner and investment committee structure. For investors, the record documents a material acquisition of shares by a major holder; the filing provides weighted-average price ranges and disclaims broader beneficial ownership beyond pecuniary interest.
TL;DR: Governance disclosure clarifies ownership chain and disclaimers; multiple affiliated filers and signatures are properly documented.
The Form 4 identifies the reporting persons, their addresses, and relationship to the issuer as Director and 10% owner. The filing includes customary explanatory footnotes describing the ownership and voting decision process via an investment committee and contains the required signature block executed by an authorized signatory. The disclosure of weighted-average pricing and the offer to provide transaction-level details on request align with SEC transparency expectations.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 250,000 | $32.1636 | $8.04M |
| Purchase | Common Stock | 297,000 | $31.9375 | $9.49M |
| Purchase | Common Stock | 135,641 | $32.4113 | $4.40M |
Footnotes (1)
- The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $31.96 to $32.55. 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 footnotes 3 and 4. 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 $31.52 to $32.36. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $31.59 to $32.40.