ADT (NYSE: ADT) director granted dividend-equivalent share units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Houston Daniel Joseph reported acquisition or exercise transactions in this Form 4 filing.
ADT Inc. director Daniel Joseph Houston received a grant of 150.1940 shares of Common Stock as a share-based award. These represent dividend equivalent units that accrued under existing restricted stock units based on the closing price on April 2, 2026, and will vest on May 21, 2026. Following this grant, he directly holds 38,362.1780 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Houston Daniel Joseph
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 150.194 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 38,362.178 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 150.1940 shares
Price per share: $0.0000 per share
Holdings after grant: 38,362.1780 shares
+2 more
5 metrics
Shares granted
150.1940 shares
Dividend equivalent units granted April 2, 2026
Price per share
$0.0000 per share
Grant of dividend equivalent units
Holdings after grant
38,362.1780 shares
Common Stock directly held after transaction
Vesting date
May 21, 2026
Vesting date of dividend equivalent units
Reference date for accrual
April 2, 2026
Closing price date used to accrue units
Key Terms
dividend equivalent units, restricted stock units, vest, grant, award, or other acquisition
4 terms
dividend equivalent units financial
"Represents dividend equivalent units, which accrued in accordance with the terms"
restricted stock units financial
"accordance with the terms of the restricted stock units based on the closing price"
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
"based on the closing price per share of Common Stock as of April 2, 2026, and which vest on May 21, 2026."
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.
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What did ADT (ADT) director Daniel Joseph Houston report in this Form 4?
He reported receiving 150.1940 shares of ADT Common Stock as a grant. These shares are dividend equivalent units tied to existing restricted stock units and were awarded at no cash cost, increasing his directly held Common Stock position.
What are the dividend equivalent units granted to the ADT (ADT) director?
The 150.1940 units are dividend equivalent units accrued under restricted stock units. They were calculated based on ADT’s closing Common Stock price on April 2, 2026, effectively crediting additional share-based compensation linked to dividends without a cash purchase.
When do the new ADT (ADT) dividend equivalent units vest for the director?
The dividend equivalent units vest on May 21, 2026. Vesting means the director gains full ownership rights to these share-based awards on that date, consistent with the terms of the underlying restricted stock unit program.