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 VP, Corporate Operations at Alarm.com (ALRM), sold a total of 10,000 shares in two open-market transactions. On 2026-06-10 he sold 8,000 shares at a weighted average price of $46.23 for proceeds of $369,840, and on 2026-06-12 he sold 2,000 shares at $46.50 for proceeds of $93,000. Total proceeds were approximately $462,840. These were sales (dispositions), not purchases.
Key Details
- Transaction dates and prices:
- 2026-06-10: 8,000 shares sold, weighted avg price $46.23, proceeds $369,840. Footnote states this was multiple trades at prices ranging $46.00–$46.45.
- 2026-06-12: 2,000 shares sold at $46.50, proceeds $93,000.
- Filing: Form 4 filed 2026-06-12 reporting the 2026-06-10 and 2026-06-12 sales (filed within the usual two-business-day window).
- Shares owned after the transactions: not disclosed in the information provided in this summary.
- Notable footnote: the 6/10 price is a weighted average covering multiple trades; the filer can provide a breakdown on request. No 10b5-1 plan, option exercise, gift, or tax-withholding disclosure was indicated in the provided details.
Context
- These were open-market sales, which insiders commonly do for diversification or liquidity needs; sales alone do not necessarily indicate a change in view about the company’s prospects. Purchases are generally considered a stronger signal of insider confidence.