Resideo SVP Mehta Buys 10,928 Shares in $226,000 Direct Purchase
Mehta's acquisition expands his direct stake by 24%.
Overview
Amit Ashvin Mehta, SVP, Strategy & Business Ops of Resideo Technologies (NYSE:REZI), executed a direct purchase of 10,928 shares of common stock on Aug. 17, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average purchase price ($20.68); post-transaction value based on Aug. 17, 2026, market close ($20.64).
Details
Resideo Technologies operates as a diversified technology company with approximately 14,800 employees, generating $7.7 billion in TTM revenue with net income of $379 million. The company maintains a strategic focus on the smart home and connected building solutions market, leveraging its capabilities to deliver comprehensive comfort and security offerings to residential and commercial customers. With a market capitalization of $3 billion, Resideo competes in the communications equipment sector by innovating in IoT-enabled automation and safety technologies.
Source
Originally published at www.fool.com.