Resideo (REZI) HR chief granted 63,680 shares, withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Resideo Technologies EVP and Chief HR Officer Stephen Kelly Montgomery reported multiple stock transactions involving company common shares. On February 13, he received two stock awards totaling 63,680 shares at no cost as equity compensation. Around the same time on February 12, 13 and 14, a total of 22,612 shares were disposed of to cover tax withholding obligations at prices around $36 per share, rather than through open-market selling. After these transactions, he directly owned 307,929 common shares, which includes 461 shares acquired through the employee stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Kelly Stephen Montgomery
Role
EVP, Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,418 | $35.985 | $87K |
| Grant/Award | Common Stock | 11,132 | $0.00 | -- |
| Grant/Award | Common Stock | 52,548 | $0.00 | -- |
| Tax Withholding | Common Stock | 17,950 | $35.985 | $646K |
| Tax Withholding | Common Stock | 2,244 | $36.285 | $81K |
Holdings After Transaction:
Common Stock — 307,929 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did Resideo (REZI) executive Stephen Kelly Montgomery report?
Stephen Kelly Montgomery reported stock awards and related tax share dispositions. He received 63,680 Resideo common shares as equity grants and had 22,612 shares withheld to cover tax obligations, all reported as direct ownership transactions in common stock.
Were any of the Resideo (REZI) insider transactions open-market sales or buys?
The reported transactions were not open-market buys or sells. Shares labeled with code F were disposed of to pay tax liabilities by delivering shares, while code A transactions reflect grants or awards, both categorized as direct ownership changes.
What role does the insider in this Resideo (REZI) Form 4 hold at the company?
The reporting person, Stephen Kelly Montgomery, serves as Resideo’s EVP and Chief HR Officer. His officer status is disclosed in the filing, which connects the reported stock grants and tax-related share dispositions to his executive compensation at the company.