Resideo Exec Jeannine Lane Exercises Option and Sells 35,398 Shares
Rhea-AI Filing Summary
Jeannine J. Lane, Resideo Technologies (REZI) EVP, General Counsel and Corporate Secretary, reported option exercise and contemporaneous sale on 08/12/2025. The filing shows Lane exercised a stock option with a $24.39 exercise price for 35,398 shares and immediately sold 35,398 shares at a weighted average price of $31.312. After these transactions, the filing reports Lane beneficially owned 155,136 shares (down from 190,534 before the sale); the prior balance included 352 shares that were omitted in earlier Form 4s. The Form notes the option was fully vested and provides the sale price range of $31.31 to $31.345.
Positive
- Transaction fully disclosed: Exercise and sale details including weighted average sale price and price range are provided.
- Administrative correction documented: The filing reconciles and adds 352 shares omitted from prior Form 4s.
- Option fully vested: Footnote states the option was fully vested at time of exercise.
Negative
- None.
Insights
TL;DR: Insider exercised options and sold the same number of shares, reducing beneficial ownership by 35,398 shares.
The filing documents a same-day exercise and sale of 35,398 shares by an executive officer, indicating a liquidity event rather than a long-term purchase. The weighted average sale price is reported as $31.312 with a narrow per-share range, and the exercise price was $24.39, implying a positive spread realized by the reporting person. The reconciliation note that 352 previously omitted shares were added to the prior balance is immaterial in size but important for record accuracy.
TL;DR: Transaction appears routine and disclosed properly, with a minor correction to prior filings.
The report identifies the reporting person as an officer and describes a standard option exercise followed by an open-market sale. The footnote correcting 352 omitted shares reflects an administrative reconciliation. The filing includes the required weighted average sale price disclosure and an undertaking to provide breakdowns on request, meeting common compliance expectations for Section 16 reporting.