Ramos Daniel 4
Research Summary
AI-generated summary
Alarm.com (ALRM) Chief Legal Officer Daniel Ramos Sells Shares
What Happened
Daniel Ramos, Chief Legal and Compliance Officer and Senior Vice President, Corporate Operations at Alarm.com (ALRM), disposed of 1,561 shares on May 18, 2026. The shares were sold for a weighted average price of $43.56, generating proceeds of approximately $67,997. The sale was reported on a Form 4 filed May 20, 2026.
Key Details
- Transaction type: Sale (code S) — 1,561 shares disposed on 2026-05-18
- Price: Weighted average $43.56; shares sold in multiple transactions at prices ranging $42.92–$43.80 (footnote F2)
- Value: Approximately $67,997 total proceeds
- Footnote F1: This was a mandatory "sell-to-cover" transaction to satisfy tax withholding on vested restricted stock units — not a discretionary sale by the insider
- Filing: Form 4 filed 2026-05-20 (timely relative to the 2026-05-18 transaction)
- Shares owned after the transaction: Not specified in the provided filing excerpt
Context
Sell-to-cover transactions are common when restricted stock units vest and employers require withholding; they do not necessarily indicate the insider's view on the company. The filing includes a weighted average price and a price range; the reporting person offered to provide a per-price breakdown on request (footnote F2).