ADT (ADT) VP & CAO Steven Burzo awarded 79.312 stock units in Form 4
Rhea-AI Filing Summary
ADT Inc. reported that executive Steven Burzo, VP, CAO & Controller, received an automatic stock-based accrual linked to his existing equity awards. On January 8, 2026, he acquired 79.312 shares of Common Stock at $0 per share, described as dividend equivalent units tied to previously granted restricted stock units. These units are based on the closing price of ADT common stock as of that date and are scheduled to vest on March 1, 2026. Following this transaction, Burzo directly held a total of 66,004.053 shares of ADT common stock.
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FAQ
What insider transaction did ADT (ADT) disclose for Steven Burzo?
ADT disclosed that Steven Burzo, its VP, CAO & Controller, acquired 79.312 shares of Common Stock on January 8, 2026 through a stock-based accrual.
At what price were the new ADT (ADT) shares acquired by Steven Burzo?
The 79.312 shares of ADT Common Stock were acquired at a price of $0 per share, reflecting dividend equivalent units credited under existing restricted stock units.
How many ADT (ADT) shares does Steven Burzo hold after this Form 4 transaction?
After the reported transaction, Steven Burzo directly beneficially owned 66,004.053 shares of ADT Common Stock.
What are the dividend equivalent units reported in the ADT (ADT) Form 4?
The filing states that the 79.312 shares represent dividend equivalent units that accrued under the terms of restricted stock units based on ADT’s closing stock price on January 8, 2026.
When do the reported ADT (ADT) dividend equivalent units vest for Steven Burzo?
The dividend equivalent units tied to the restricted stock units are scheduled to vest on March 1, 2026.
Is Steven Burzo’s ownership in ADT (ADT) direct or indirect after this transaction?
The Form 4 indicates that 66,004.053 shares of ADT Common Stock are held under direct ownership by Steven Burzo.