Kerzner Daniel 4

4 · Alarm.com Holdings, Inc. · Filed May 28, 2026

AI-generated summary of this filing

Updated May 28, 2026

Alarm.com (ALRM) President Daniel Kerzner Sells 3,944 Shares

What Happened

Daniel Kerzner, President, Platforms Business at Alarm.com (ALRM), sold 3,944 shares on 2026-05-26. The weighted average sale price was $43.78, for aggregate proceeds of about $172,668. The filing indicates this was a mandatory "sell-to-cover" to satisfy tax withholding on vested restricted stock units (not a discretionary sale).

Key Details

Transaction date: 2026-05-26; Form 4 filed: 2026-05-28 (appears timely).
Shares sold: 3,944; weighted average price reported: $43.78; total proceeds ≈ $172,668.
Price range: shares were sold in multiple executions at $43.57–$44.00 (per footnote).
Footnote (F1): Sale mandated by issuer to cover tax withholding on vested RSUs — not an intentional market-timing sale by the insider.
Footnote (F2): Weighted average price; issuer/insider can provide breakdown of prices on request.
Shares owned after the transaction: not specified in the provided filing details.

Context

"Sell-to-cover" transactions are common when restricted stock units vest: the company/designated broker sells a portion of shares to pay required taxes. Such sales generally reflect tax mechanics rather than a view on the company’s outlook. Purchases tend to carry more interpretive weight for bullish insider sentiment; this filing documents a routine, non-discretionary tax-related sale.

Form 4

Period: 2026-05-26

See Remarks

Transactions

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 $43.57 - $44.00, 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|2026-05-28

1 file