Resideo SVP Mehta Buys 10,928 Shares in $226,000 Direct Purchase
Mehta's acquisition expands his direct stake by 24%.
Resideo Technologies' Senior Vice President of Strategy and Business Operations, Amit Ashvin Mehta, recently acquired a substantial stake in the company. On August 17, 2026, Mehta bought 10,928 shares of Resideo's common stock through a direct purchase, according to a recent Securities and Exchange Commission (SEC) Form 4 filing.
The total cost of this transaction was approximately $226,000, based on the weighted average purchase price of $20.68 per share. This figure is slightly lower than the market closing price on the same day, which was $20.64 per share. Resideo Technologies, a diversified technology firm with around 14,800 employees, reported a trailing twelve-month (TTM) revenue of $7.7 billion and net income of $379 million.
The company specializes in smart home and connected building solutions, aiming to provide comprehensive comfort and security services to both residential and commercial clients. With a market capitalization of $3 billion, Resideo operates in the communications equipment sector, focusing on innovation in IoT-enabled automation and safety technologies.
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