Carlet Michael 4
Research Summary
AI-generated summary
REZI CFO Michael Carlet Sells 1,944 Shares (Tax Withholding)
What Happened
- Michael Carlet, Chief Financial Officer of Resideo Technologies, reported a disposition of 1,944 shares on May 15, 2026. The shares were disposed at $29.22 per share for a reported total of $56,804. The transaction is coded "F" — payment of exercise price or tax liability — indicating shares were used/sold to satisfy tax withholding related to equity compensation.
Key Details
- Transaction date: 2026-05-15; Filing date (Form 4): 2026-05-19 (timely).
- Price per share: $29.22; Total value: $56,804.
- Transaction code: F — payment of exercise price or tax liability (share disposal to cover taxes).
- Shares owned after transaction: not reported in this Form 4.
- Footnote: The filer’s Form 3 (Aug 13, 2024) inadvertently understated direct holdings by 100 shares (reported for correction).
Context
- This was a tax-withholding/share-for-tax transaction (common after option exercises or vesting) rather than an open-market sale driven by discretionary selling. Such withholdings are routine and don't necessarily indicate the insider's view on the company.