Alarm.com CEO Stephen Trundle Sells 6,073 Shares for Tax Withholding

2026-05-28SEC Filing 4 (0001193125-26-245345)

Alarm.com Holdings, Inc. CEO Stephen Trundle filed a Form 4 disclosing the sale of 6,073 shares of common stock on May 26, 2026, at a weighted average price of $43.78 per share. The sale was a mandatory "sell to cover" transaction to satisfy tax withholding obligations related to the settlement of vested restricted stock units, as required by the company's equity incentive plans. Following the transaction, Trundle directly holds 324,842 shares. Additionally, he has indirect ownership through various entities: 1,315,343 shares via Backbone Partners LLC, 259,687 shares through the Stephen Trundle 2015 Gift Trust, and 9,862 shares via the Footings Advancement Trust. The filing emphasizes that this was not a discretionary trade but a required transaction to cover tax obligations.