ADT (ADT) EVP Kimberly Miller awarded 416 dividend equivalent units in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Miller Kimberly reported acquisition or exercise transactions in this Form 4 filing.
ADT Inc. executive Kimberly Miller, EVP, CMO & Communications Officer, received a grant of 416.753 shares of common stock at no cost. These are dividend equivalent units that accrued in line with her restricted stock units and vest on various dates through March 5, 2029. Following this award, she holds 56,401.179 ADT common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Miller Kimberly
Role
EVP, CMO & Comm. Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 416.753 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 56,401.179 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 416.753 shares
Grant price: $0.00 per share
Post-transaction holdings: 56,401.179 shares
+1 more
4 metrics
Shares granted
416.753 shares
Dividend equivalent units granted on July 7, 2026
Grant price
$0.00 per share
Equity award, not open-market purchase
Post-transaction holdings
56,401.179 shares
Common stock directly owned after grant
Vesting horizon
Through March 5, 2029
Dividend equivalent units vest on various dates
Key Terms
dividend equivalent units, restricted stock units, vest
3 terms
dividend equivalent units financial
"Represents dividend equivalent units, which accrued in accordance with the terms of the restricted stock units"
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
restricted stock units financial
"which accrued in accordance with the terms of the restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest financial
"and which vest on various dates through March 5, 2029"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did ADT (ADT) report for Kimberly Miller?
ADT reported that executive Kimberly Miller received 416.753 common shares as a grant. These are dividend equivalent units linked to restricted stock units and were awarded at no purchase price as part of her equity-based compensation.
Is Kimberly Miller’s ADT (ADT) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a grant or award acquisition, not an open-market purchase. Miller received 416.753 dividend equivalent units at a price of $0.00 per share as part of her existing restricted stock unit arrangements.
What are dividend equivalent units in the ADT (ADT) Form 4 filing?
Dividend equivalent units are additional share units that accrue on outstanding restricted stock units. For Kimberly Miller, they were based on ADT’s July 7, 2026 closing stock price and will vest on the same schedule as the underlying restricted stock units.
When do Kimberly Miller’s new ADT (ADT) dividend equivalent units vest?
The dividend equivalent units awarded to Kimberly Miller vest on various dates through March 5, 2029. These vesting dates align with the terms of her underlying restricted stock units, spreading the equity benefit over multiple future years.