Evans Stephen C. 4
Research Summary
AI-generated summary
Alarm.com Director Stephen C. Evans Receives RSU Award
What Happened
- Stephen C. Evans, a director of Alarm.com Holdings, Inc. (ALRM), received a grant of 3,222 restricted stock units (RSUs) on 2026-06-04. The award is recorded at $0.00 per share (grant value not stated in the filing). This is an equity award (compensation), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-04; filing date: 2026-06-08 (filed within required reporting window).
- Transaction type/code: Award/Grant (A).
- Units granted: 3,222 RSUs; price at grant: $0.00 (RSUs represent contingent rights to receive common shares).
- Vesting: The RSUs vest on the day before the Issuer's 2027 annual meeting of stockholders, subject to Evans’ continued service on that date (per footnote).
- Shares owned following the transaction: not disclosed in the provided filing excerpt.
- No immediate sale or cashless exercise reported—these RSUs convert to shares only upon vesting.
Context
- RSUs are a common form of director compensation and represent a future right to receive shares if vesting conditions are met; they do not generate immediate proceeds or indicate an immediate market transaction.
- Because this is an award, it should be viewed as compensation-related rather than a direct signal of buying or selling intent.