{
  "id": 5874288,
  "title": "Resideo SVP Mehta Buys 10,928 Shares in $226,000 Direct Purchase",
  "url": "https://urgent.news/2026/09/06/resideo-svp-mehta-buys-10-928-shares-in-226-000-direct-purchase",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-06T00:30:01.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/coverage/filings/2026/09/05/resideo-svp-mehta-buys-10928-shares-in-226000-direct-purchase/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "Mehta's acquisition expands his direct stake by 24%.",
  "key_points": [
    "Senior Vice President Amit Ashvin Mehta purchased 10,928 shares on August 17, 2026.",
    "Transaction cost $226,000 at $20.68 per share, slightly below market closing price."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Resideo SVP Mehta Buys 10,928 Shares in $226,000 Direct Purchase",
        "url": "https://urgent.news/2026/09/06/resideo-svp-mehta-buys-10-928-shares-in-226-000-direct-purchase-5875631",
        "published": "2026-09-06T00:50:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}