Kerzner Daniel 4
4 · Alarm.com Holdings, Inc. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Alarm.com (ALRM) President, Platforms Daniel Kerzner Sells 1,915 Shares
What Happened
- Daniel Kerzner, President, Platforms Business at Alarm.com (ALRM), reported a sale of 1,915 shares on 2026-05-18. The total proceeds were approximately $83,417 based on a weighted average price of $43.56. This transaction is coded as a sale (S) and was conducted to satisfy tax withholding on vested restricted stock units, not as a discretionary market-timing trade.
Key Details
- Transaction date: 2026-05-18
- Shares sold: 1,915; weighted average price: $43.56; total proceeds ≈ $83,417
- Price range for the multiple trades: $42.92 – $43.80 (per footnote); reporting person can provide per-lot breakdown on request
- Footnote: Sale was a mandatory "sell-to-cover" to cover RSU tax withholding (not a voluntary sale)
- Shares owned after transaction: not disclosed on this Form 4
- Filing: Form 4 filed 2026-05-20 (timely)
Context
- Sell-to-cover transactions are common when RSUs vest and are generally routine administrative sales to cover tax obligations; they do not necessarily indicate insider sentiment about the company. This was not an options exercise or gift—just a broker-facilitated sale to satisfy withholding.
Insider Transaction Report
Form 4
Kerzner Daniel
See Remarks
Transactions
- Sale
Common Stock
[F1][F2]2026-05-18$43.56/sh−1,915$83,417→ 105,085 total
Footnotes (2)
- [F1]Represents the number of shares required to be sold by the Reporting Person to cover the tax withholding obligation in connection with the settlement of vested restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the Reporting Person to fund this tax withholding obligation by completing a "sell to cover" transaction with a brokerage firm designated by the Issuer. This sale does not represent a discretionary trade by the Reporting Person.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.92 - $43.80, inclusive. The Reporting Person undertakes to provide to 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 sold at each separate price within the range set forth in this footnote to this Form 4.
Signature
/s/ Daniel Ramos, Attorney-in-Fact|2026-05-20