Stephen Trundle, Chief Executive Officer of Alarm.com Holdings, sold 50,000 shares of common stock for $2.88 million on August 24, 2026, according to a regulatory filing.
The disposal occurred at a weighted average price of $57.67 per share, within a trading range of $57.245 to $58.13. The shares were sold under a Rule 10b5-1 trading plan adopted by Trundle on May 22, 2026. Separately, he exercised stock options to acquire an additional 50,000 shares at $32.17 per share, for a total cost of $1.61 million.
The transactions took place as Alarm.com’s stock traded near its 52-week high of $59.38 and delivered a 20.56% return over the prior six months. InvestingPro data cited in the filing described the stock as undervalued at current levels.
Following the transactions, Trundle’s direct holdings totaled 324,842 shares, while indirect holdings included 1,315,343 shares via Backbone Partners, 259,687 shares through the Stephen Trundle 2015 Gift Trust, and 9,862 shares via the Footings Advancement Trust.
Alarm.com reported adjusted earnings per share of $0.77 for the second quarter, exceeding the Wall Street consensus of $0.65, though revenue of $188.8 million fell short of the expected $264.93 million.
