Stephen Trundle, chief executive and board member of Alarm.com Holdings, disposed of 50,000 ordinary shares on August 24, 2026, for gross proceeds of $2.88 million under a prearranged trading plan.
The weighted average sale price was $57.67 per share, with individual transactions ranging from $57.245 to $58.13. The disposal followed the simultaneous exercise of purchase options for 50,000 shares at $32.17 each, totaling $1.61 million. Both transactions were executed under a Rule 10b5-1 plan adopted by Trundle on May 22, 2026.
The stock was trading near its 52-week high of $59.38 at the time of the sale and had returned 20.56% over the prior six months. Alarm.com reported adjusted earnings per share of $0.77 in the second quarter, exceeding analyst forecasts of $0.65, though revenue of $188.8 million fell short of the $264.93 million expected by analysts.
After the transactions, Trundle retained direct ownership of 324,842 shares and indirect stakes totaling 1,584,892 shares through Backbone Partners, LLC, the 2015 Gift Trust and the Footings Advancement Trust.
