ADT (NYSE: ADT) EVP Fawad receives 1,703 dividend equivalent units in stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ADT Inc. executive Ahmad Fawad, EVP and Chief Operating and Customer Officer, reported an acquisition of additional common stock through compensation-related awards. He received 1,702.704 dividend equivalent units that accrued in line with his restricted stock units based on the closing price on July 7, 2026. These units are scheduled to vest on various dates through May 1, 2028, bringing his directly held common stock and related units to a total of 304,036.407 shares after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ahmad Fawad
Role
EVP, Chief Oper and Cust. Off.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,702.704 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 304,036.407 shares (Direct, null)
Footnotes (1)
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Key Figures
Dividend equivalent units granted: 1,702.704 units
Total holdings after transaction: 304,036.407 shares
Vesting period end: May 1, 2028
3 metrics
Dividend equivalent units granted
1,702.704 units
Accrued based on closing price as of July 7, 2026
Total holdings after transaction
304,036.407 shares
Common stock and related units held directly after award
Vesting period end
May 1, 2028
Dividend equivalent units vest on various dates through this date
Key Terms
dividend equivalent units, restricted stock units, vest
3 terms
dividend equivalent units financial
"Represents dividend equivalent units, which accrued in accordance with the terms of the restricted stock units"
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
restricted stock units financial
"accrued in 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
"and which vest on various dates through May 1, 2028"
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.
FAQ
What insider transaction did ADT (ADT) executive Ahmad Fawad report?
ADT EVP Ahmad Fawad reported acquiring 1,702.704 dividend equivalent units tied to common stock. These units accrued under his restricted stock units as of July 7, 2026, and represent a compensation-related award rather than an open-market stock purchase or sale.
What are the terms of the dividend equivalent units reported for ADT (ADT)?
The 1,702.704 dividend equivalent units accrued according to the terms of existing restricted stock units, using ADT’s July 7, 2026 closing share price. According to the disclosure, these units will vest on various dates through May 1, 2028, following the underlying award schedule.
Is the ADT (ADT) Form 4 for Ahmad Fawad an open-market trade?
No, the filing shows a grant-type acquisition, not an open-market trade. The transaction reflects 1,702.704 dividend equivalent units credited under a restricted stock unit program, with no stated purchase price and future vesting dates extending through May 1, 2028.
When will the newly reported ADT (ADT) dividend equivalent units vest?
The filing states that the dividend equivalent units vest on various dates through May 1, 2028. These vesting dates track the underlying restricted stock units, meaning the units become fully earned in line with that award schedule over the specified period.