ADT (ADT) growth chief receives 103.72 dividend equivalent units in Form 4 grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ADT Inc. executive Todd Dernberger reported an acquisition of common stock through a compensation-related award. He received 103.72 dividend equivalent units that accrued in line with existing restricted stock units based on the closing share price as of April 2, 2026. These units are scheduled to vest on March 8, 2027, aligning with the underlying restricted stock unit award. Following this grant, Dernberger directly holds a total of 45,394.16 shares of ADT common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dernberger Todd
Role
EVP and Chief Growth Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 103.72 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 45,394.16 shares (Direct)
Footnotes (1)
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Key Figures
Dividend equivalent units granted: 103.72 shares
Total shares after transaction: 45,394.16 shares
Vesting date: March 8, 2027
3 metrics
Dividend equivalent units granted
103.72 shares
Accrued based on closing price as of April 2, 2026
Total shares after transaction
45,394.16 shares
Direct holdings after grant to Todd Dernberger
Vesting date
March 8, 2027
Vesting schedule for the dividend equivalent units
Key Terms
dividend equivalent units, restricted stock units, vesting
3 terms
dividend equivalent units financial
"Represents dividend equivalent units, which accrued in accordance with the terms"
restricted stock units financial
"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.
vesting financial
"based on the closing price per share ... and which vest on March 8, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did ADT (ADT) report for Todd Dernberger?
ADT reported that EVP and Chief Growth Officer Todd Dernberger acquired 103.72 shares through dividend equivalent units. These units accrued under restricted stock unit terms and increased his direct holdings to 45,394.16 ADT common shares after the transaction.
Was the ADT (ADT) Form 4 transaction a market buy or sell?
The Form 4 shows a grant-type acquisition, not an open-market buy or sell. Dernberger received 103.72 dividend equivalent units as a compensation-related award tied to restricted stock units, with no purchase price paid per share in the transaction.
When do Todd Dernberger’s new ADT (ADT) dividend equivalent units vest?
The dividend equivalent units granted to Todd Dernberger are scheduled to vest on March 8, 2027. They accrued based on ADT’s closing share price as of April 2, 2026, and follow the same vesting terms as the related restricted stock units.
What are dividend equivalent units in the ADT (ADT) Form 4 filing?
Dividend equivalent units are share-based credits that mirror dividends on restricted stock units. For ADT, 103.72 such units accrued to Todd Dernberger based on the closing price on April 2, 2026, and they will vest on March 8, 2027 with the underlying award.