ADT (ADT) director Thomas Gartland granted dividend equivalent stock units
Rhea-AI Filing Summary
ADT Inc. director Thomas M. Gartland reported an automatic award of additional equity-linked units in the company. On January 8, 2026, he acquired 166.622 shares of ADT common stock at a price of $0 per share, increasing his directly held position to 25,031.945 shares.
According to the footnote, these are dividend equivalent units that accrued in line with the terms of his restricted stock units, based on ADT’s closing share price on January 8, 2026. The units are scheduled to vest on various dates through May 21, 2026, linking the award to ongoing service and the existing equity compensation program.
Positive
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Negative
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FAQ
What insider transaction did ADT (ADT) disclose in this filing?
ADT disclosed that director Thomas M. Gartland acquired 166.622 shares of ADT common stock on January 8, 2026 at $0 per share, increasing his directly held stake to 25,031.945 shares.
How many ADT (ADT) shares does Thomas M. Gartland own after this transaction?
Following the reported transaction, Thomas M. Gartland beneficially owns 25,031.945 shares of ADT common stock in direct ownership.
What are the 166.622 ADT (ADT) shares reported in this Form 4?
The 166.622 shares are described as dividend equivalent units that accrued under the terms of Gartland’s restricted stock units, based on ADT’s closing stock price as of January 8, 2026.
When do the dividend equivalent units reported by ADT (ADT) vest?
The filing states that the dividend equivalent units vest on various dates through May 21, 2026, aligning with the vesting schedule of the underlying restricted stock units.
Is the ADT (ADT) insider transaction a purchase on the open market?
No. The filing shows transaction code “A” at a price of $0, and the footnote explains that the 166.622 units represent dividend equivalent units accruing under restricted stock units, rather than an open-market purchase.
Does the ADT (ADT) director hold the reported shares directly or indirectly?
The filing indicates that 25,031.945 shares are held with ownership form Direct (D), meaning they are directly owned by Thomas M. Gartland.