The President and CEO acquired 15,000 shares on the open market.
All reported holdings are held directly, with no shares attributed to indirect entities such as trusts or limited liability companies.
The acquisition occurred following a decline in the company's stock price over the last 12 months.
Thomas A. Surran, President and CEO, purchased 15,000 shares of Resideo Technologies (NYSE:REZI) at $20.46 per share on Aug. 14, 2026, according to a SEC Form 4 filing.
| Metric | Value |
|---|---|
| Transaction value | $306,900 |
| Shares purchased | 15,000 |
| Post-transaction shares (directly held) | 338,573 |
| Post-transaction value | $6.9 million |
Transaction value based on SEC Form 4 weighted average purchase price ($20.46); post-transaction value based on Aug. 14, 2026, market close ($20.50).
| Metric | Value |
|---|---|
| Share Price (as of market close 2026-08-14) | $20.50 |
| Market Capitalization | $3 billion |
| Revenue (TTM) | $7.7 billion |
| Net Income (TTM) | $379 million |
Resideo Technologies operates as a diversified technology company, generating $7.7 billion in TTM revenue with net income of $379 million. The company maintains a strategic position in the growing smart home and building automation market, leveraging its comprehensive portfolio of interconnected comfort, energy management, and security solutions to differentiate itself in a competitive landscape characterized by increasing demand for integrated IoT-enabled systems.
Over the past 12 months, Resideo has been on a tough run, dropping 16.5% as of this writing. In comparison, during the same time period, the S&P 500 has climbed 19%. This recent insider transaction by Surran is typically viewed as a signal that an executive has confidence in the company and that it may be undervalued relative to its trading price.
Over the last month alone, the Resideo stock price has dropped 16.6%. Some of that may be attributed to a period of change for the company, as it spun off ADI Global Distribution, a wholesaler of security and other products. Resideo said in a press release that the spin-off establishes "Resideo as a pure-play building technologies company." It may take the rest of the market some time to reevaluate the business now that the ADI spin-off is complete, but in the meantime, purchasing 15,000 shares is a promising sign that the CEO sees potential upside ahead. Analysts also appear bullish on Resideo, with 75% of the analysts tracked by CNN rating the stock a buy. The median one-year price target from those analysts is $30.65, representing a 53.1% gain if Resideo were to reach that price target. The highest analyst price target from the group tracked is $35, while the lowest is $27.
Jack Delaney has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.