Vivint Smart Home, Inc.: management transactions · United States · SEC (Form 4)

About Vivint Smart Home, Inc.

Vivint Smart Home, Inc. (ticker: VVNT) was a United States-based smart home and residential security company that traded on the NYSE before being acquired by NRG Energy in March 2023. For investors in France, Belgium, and Switzerland, the key point is that Vivint is no longer an independent listed equity story; today, references to the business are largely historical or reflect its integration within NRG’s consolidated reporting. The company was founded in 1999 as APX Alarm Security Solutions by Todd Pedersen and Keith Nellesen, before evolving into Vivint. Its historical headquarters were in Provo/Lehi, Utah, making it a Utah-born player within the US technology and home-services ecosystem. Vivint’s core business model centered on an integrated smart home platform that combined hardware, software, professional installation, 24/7 monitoring, customer service, and financing options. Its product set included indoor and outdoor cameras, video doorbells, smart locks, security sensors, thermostats, lighting controls, garage access, mobile app-based home management, and energy-related functionality. A central element of Vivint’s positioning was its vertically integrated model: the company controlled the customer journey from sales and installation through monitoring and ongoing service. It also emphasized a single, expandable platform using artificial intelligence and machine learning to enhance the user experience and security response. Competitive positioning was built around premium, professionally installed solutions rather than a do-it-yourself retail model. Vivint aimed at homeowners seeking a turnkey security and automation package, and it competed in the broader North American smart home market against both traditional security providers and newer app-centric home automation brands. Relative to many peers, Vivint’s differentiation came from system integration, service quality, and the recurring monthly monitoring relationship. The company’s historical customer base was primarily in the United States, with some presence in Canada, but the business was overwhelmingly focused on the US market. Recent corporate history is dominated by the transaction with NRG Energy. NRG announced the acquisition in December 2022 and completed it on March 10, 2023, in an all-cash deal. Since then, Vivint has been reported as an acquired business within NRG rather than as a standalone public company on NYSE/NASDAQ. For SEO and equity-analysis purposes, that means VVNT should be described as a former US-listed smart home and security platform, with a legacy franchise in connected-home devices, monitoring services, and professional installation, now folded into a larger US corporate group.