STOCK TITAN

ADT (NYSE: ADT) adds $100,000,000 term A loans and reports vote results

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

ADT Inc. entered into an Incremental Assumption and Amendment Agreement No. 1 that adds $100,000,000 of incremental first lien senior secured term A loans under its existing term loan credit agreement. These 2026 Incremental Term A Loans share the same terms and form one class with the prior term A loans.

After this increase, approximately $422,969,000 of first lien senior secured term A loans are outstanding, and the new borrowing will be used for general corporate purposes. ADT also held its annual meeting, where shareholders re-elected Thomas Gartland, Danielle Tiedt, and Sigal Zarmi, approved executive compensation on a non-binding basis, and ratified PricewaterhouseCoopers LLP as independent auditor for the fiscal year ending December 31, 2026.

Positive

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Negative

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Insights

ADT increases term loan by $100,000,000 and reports routine vote outcomes.

ADT expanded its existing first lien senior secured term A facility by $100,000,000, bringing total term A borrowings to about $422,969,000 under the amended credit agreement. The new tranche matches existing terms and is earmarked for general corporate purposes, indicating standard funding flexibility rather than a targeted transaction.

The loans are first lien and senior secured, so they sit high in the capital structure and add to secured leverage. The filing does not link the borrowing to specific cost-saving or growth projects, so its impact depends on how the proceeds are ultimately deployed.

The annual meeting results look routine: three directors were re-elected, executive pay received advisory approval, and PricewaterhouseCoopers LLP was ratified as auditor for the year ending December 31, 2026. These governance outcomes suggest continuity in oversight and compensation practices, with no significant shareholder dissent disclosed in the vote tallies.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement Financial
The company incurred a new significant debt or off-balance-sheet obligation.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Incremental Term A Loans $100,000,000 Aggregate principal amount of 2026 Incremental Term A Loans
Total Term A Loans Outstanding $422,969,000 First lien senior secured term A loans after amendment
Votes for Thomas Gartland 558,733,761 Director election at 2026 annual meeting
Votes for Danielle Tiedt 441,591,419 Director election at 2026 annual meeting
Votes for Sigal Zarmi 555,814,316 Director election at 2026 annual meeting
Say-on-pay votes for 586,573,380 Advisory approval of executive compensation
Auditor ratification votes for 645,187,546 Ratification of PricewaterhouseCoopers LLP for 2026
Incremental Assumption and Amendment Agreement No. 1 financial
"entered into that certain Incremental Assumption and Amendment Agreement No. 1 (the “Term Loan Credit Agreement Amendment”)"
first lien senior secured term A loans financial
"incurred $100,000,000 aggregate principal amount of incremental first lien senior secured term A loans"
general corporate purposes financial
"The proceeds of the 2026 Incremental Term A Loans will be used for general corporate purposes."
"General corporate purposes" refer to the broad range of activities and expenses a company can use its funds for to support its overall operations and growth. This can include things like paying bills, investing in new projects, or strengthening its financial position. For investors, understanding this term helps clarify how a company plans to use its resources to sustain and expand its business over time.
broker non-votes financial
"Nominee | Votes For | Votes Withheld | Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
non-binding, advisory basis financial
"approved, on a non-binding, advisory basis, the executive compensation of the Company’s named executive officers."
A non-binding, advisory basis means a recommendation or decision that carries no legal force and does not obligate the parties to act; it’s similar to a friendly suggestion rather than a signed promise. For investors, this matters because such guidance can influence market expectations and management plans but offers no guarantee of follow-through, so investors should treat it as informative input rather than a firm commitment.
independent registered public accounting firm financial
"as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026."
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What new debt did ADT (ADT) incur in this 8-K filing?

ADT incurred $100,000,000 of incremental first lien senior secured term A loans under its existing term loan credit agreement. These 2026 Incremental Term A Loans share the same terms and class as the prior term A loans and are designated for general corporate purposes.

How much senior secured term A debt does ADT (ADT) now have outstanding?

After the new borrowing, ADT has approximately $422,969,000 aggregate principal amount of first lien senior secured term A loans outstanding. This total reflects the existing term A balance and the additional $100,000,000 of 2026 Incremental Term A Loans under the amended credit agreement.

How will ADT (ADT) use the proceeds from the 2026 Incremental Term A Loans?

ADT states that the proceeds from the $100,000,000 of 2026 Incremental Term A Loans will be used for general corporate purposes. This broad description typically covers needs such as working capital, capital expenditures, or refinancing, without tying the funds to a specific single project.

Which directors were re-elected at ADT’s 2026 annual meeting?

Shareholders re-elected Thomas Gartland, Danielle Tiedt, and Sigal Zarmi to ADT’s Board for one-year terms ending at the 2027 annual meeting. Each nominee received at least a plurality of votes cast, with separate tallies reported for votes for, withheld, and broker non-votes.

Did ADT (ADT) shareholders approve executive compensation at the annual meeting?

Yes. ADT shareholders approved, on a non-binding advisory basis, the compensation of the company’s named executive officers. The advisory proposal received 586,573,380 votes for, 33,240,088 votes against, 696,479 abstentions, and 30,258,149 broker non-votes as reported in the voting results.

Which audit firm will serve as ADT’s independent registered public accounting firm for 2026?

ADT shareholders ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026. The ratification vote received 645,187,546 votes for, 5,016,920 votes against, and 563,630 abstentions, indicating strong shareholder support.
FALSE000170305600017030562026-05-272026-05-27


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
 Date of Report (Date of earliest event reported): May 27, 2026
ADT Inc.
(Exact name of registrant as specified in its charter)
Delaware001-3835247-4116383
(State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
1501 Yamato Road
Boca Raton, Florida 33431
(Address of principal executive offices)
(561) 988-3600
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, par value $0.01 per shareADTNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o



Item 1.01    Entry into a Material Definitive Agreement.
Term Loan Credit Agreement Amendment

On May 27, 2026 (the “Amendment Closing Date”), Prime Security Services Borrower, LLC, a Delaware limited liability company (“Prime Borrower”), Prime Security Services Holdings, LLC, a Delaware limited liability company (“Holdings”), and The ADT Security Corporation, a Delaware corporation (“ADTSC” and together with Prime Borrower, the “Borrowers”), each a direct or indirect wholly owned subsidiary of ADT Inc. (the “Company”), entered into that certain Incremental Assumption and Amendment Agreement No. 1 (the “Term Loan Credit Agreement Amendment”), by and among Prime Borrower, as borrower, Holdings, ADTSC, as co-borrower, the subsidiary loan parties party thereto, the lender party thereto and Fifth Third Bank, National Association, as administrative agent (the “Administrative Agent”), which amends that certain Term Loan Credit Agreement, dated as of October 28, 2025 (the “Existing Term Loan Credit Agreement”), by and among Prime Borrower, as borrower, Holdings, ADTSC, as co-borrower, the lenders party thereto, the Administrative Agent and the other parties named therein (as amended by the Term Loan Credit Agreement Amendment, the “Amended Term Loan Credit Agreement”).

On the Amendment Closing Date, pursuant to the Term Loan Credit Agreement Amendment, the Borrowers incurred $100,000,000 aggregate principal amount of incremental first lien senior secured term A loans pursuant to the Existing Term Loan Credit Agreement (the “2026 Incremental Term A Loans”). The 2026 Incremental Term A Loans have the same terms as, and constitute one class with, the term A loans outstanding under the Existing Term Loan Credit Agreement immediately prior to the Amendment Closing Date. After giving effect to the incurrence of the 2026 Incremental Term A Loans, approximately $422,969,000 aggregate principal amount of first lien senior secured term A loans are outstanding under the Amended Term Loan Credit Agreement.

The proceeds of the 2026 Incremental Term A Loans will be used for general corporate purposes.

The parties to the Amended Term Loan Credit Agreement continue to have the same obligations set forth in the Existing Term Loan Credit Agreement.

The foregoing description of the Term Loan Credit Agreement Amendment does not purport to be complete and is subject to, and is qualified in its entirety by reference to, the full text of the Term Loan Credit Agreement Amendment, a copy of which is filed as Exhibit 10.1 hereto and incorporated by reference herein.
Item 2.03    Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant.
The information set forth under Item 1.01 is incorporated into this Item 2.03 by reference.
Item 5.07    Submission of Matters to a Vote of Security Holders.
(a) On May 27, 2026, the Company held its annual meeting of stockholders (the “Annual Meeting”). The matters voted upon at the Annual Meeting and the final results of such voting are set forth below in (b). A more complete description of each proposal is set forth in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 14, 2026, as further supplemented on May 8, 2026 (such supplement, the “Proxy Supplement”).

(b)

Proposal 1. To re-elect Thomas Gartland, Danielle Tiedt, and Sigal Zarmi to the Board of Directors of the Company (the “Board”), in each case for a term of one year expiring at the Annual Meeting of Stockholders to be held in 2027 (the “2027 Annual Meeting”).

As previously disclosed in the Proxy Supplement, Nicole Bonsignore and Reed B. Rayman, each a designee of Apollo Global Management, Inc. (“Apollo”), resigned from the Board following Apollo’s sale of all its common stock in the Company. Since the resignations were prior to the Annual Meeting, Ms. Bonsignore and Mr. Rayman were withdrawn as nominees for election. Consequently, the election of each of Ms. Bonsignore and Mr. Rayman



was not submitted to a vote of stockholders at the Annual Meeting, and no votes were tabulated or are reported herein for these withdrawn nominees.

The Company’s stockholders duly elected each of Thomas Gartland, Danielle Tiedt, and Sigal Zarmi, by at least a plurality of the votes cast, to serve as directors until the 2027 Annual Meeting and until his or her successor is duly elected and qualified. The results of the voting were as follows:


NomineeVotes ForVotes WithheldBroker Non-Votes
Thomas Gartland
558,733,7617,031,66130,258,149
Danielle Tiedt
441,591,419124,174,00330,258,149
Sigal Zarmi
555,814,3169,951,10630,258,149

Proposal 2. To conduct an advisory vote to approve the compensation of the Company’s named executive officers. The Company’s stockholders approved, on a non-binding, advisory basis, the executive compensation of the Company’s named executive officers. The results of the voting were as follows:

Votes ForVotes AgainstAbstentionsBroker Non-Votes
586,573,38033,240,088696,47930,258,149

Proposal 3. To ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The Company’s stockholders ratified the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The results of the voting were as follows:

Votes ForVotes AgainstAbstentions
645,187,5465,016,920563,630
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
ExhibitDescription
10.1
Incremental Assumption and Amendment Agreement No. 1, dated as of May 27, 2026, by and among Prime Security Services Holdings, LLC, Prime Security Services Borrower, LLC, The ADT Security Corporation, the subsidiary loan parties party thereto, the lender party thereto and Fifth Third Bank, National Association, as administrative agent.

104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date:May 28, 2026ADT Inc.
By:/s/ Jeffrey Likosar
Jeffrey Likosar
President, Corporate Development and Transformation, and Chief Financial Officer

Filing Exhibits & Attachments

4 documents