ADT CEO covers RSU taxes with 111,732 shares
ADT Inc. Chairman, President & CEO James David DeVries reported a tax-related share disposition connected to vesting equity awards.
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Rhea-AI Filing Summary
ADT Inc. Chairman, President & CEO James David DeVries reported a tax-related share disposition connected to vesting equity awards. On 3/01/2026, 111,732 shares of common stock were withheld at $8.02 per share to satisfy withholding taxes on restricted stock units that vested that day.
After this withholding transaction, DeVries directly owned 1,577,927.832 shares of ADT common stock. He also indirectly owned 3,565,937 shares through Bethel Ventures LLC, an entity he manages with full control and in which he is a beneficial owner together with a family gift trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 111,732 | $8.02 | $896K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents shares withheld to satisfy the withholding tax obligation due on restricted stock units ("RSUs") which vested on 3/01/2026.
- F2. An LLC of which the reporting person is the manager with full control, and a beneficial owner together with a family gift trust.
FAQ
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What insider transaction did ADT (ADT) CEO James DeVries report?
What indirect ADT (ADT) holdings does Bethel Ventures LLC report?
Was the ADT (ADT) CEO’s Form 4 transaction an open-market sale?
What does transaction code F mean in the ADT (ADT) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.