Ramos Daniel 4
4 · Alarm.com Holdings, Inc. · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Alarm.com (ALRM) Chief Legal Officer Daniel Ramos Sells 2,532 Shares
What Happened Daniel Ramos, Chief Legal and Compliance Officer and Senior VP, Corporate Operations at Alarm.com (ALRM), reported the sale of 2,532 shares on May 26, 2026. The shares were sold for a weighted average price of $43.78, generating proceeds of approximately $110,851. This sale was a sell-to-cover related to tax withholding for vested restricted stock units and was not a discretionary trade by the reporting person.
Key Details
- Transaction date: 2026-05-26; Form 4 filed: 2026-05-28 (reports the May 26 transaction).
- Transaction type: Sale (S) — sell-to-cover to satisfy tax withholding on vested RSUs.
- Shares sold: 2,532 at a weighted average price of $43.78; total proceeds ≈ $110,851.
- Price range: sales occurred at prices between $43.57 and $44.00 (weighted average reported).
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes: F1 confirms the sale was required to cover tax withholding on vested RSUs and was mandated by the issuer’s sell-to-cover procedure; F2 explains the reported price is a weighted average and the filer can provide per-trade breakdown on request.
- No indication in the filing that the sale was part of a 10b5-1 plan or that it was a gift; it was a routine tax-related disposition.
Context Sell-to-cover transactions are common when RSUs vest and generally do not signal a voluntary decision to reduce a meaningful equity stake. For retail investors, purchases tend to be more informative about insider confidence; this routine, mandated sale should be viewed accordingly.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-05-26$43.78/sh−2,532$110,851→ 63,099 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 $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.