RSU tax withholding trims ADT (NYSE: ADT) VP stake by 5,307
Rhea-AI Filing Summary
ADT Inc. executive Steven Burzo, VP, CAO & Controller, had 5,307 shares of common stock disposed of at $8.02 per share to satisfy withholding taxes on restricted stock units that vested on March 1, 2026. After this tax-withholding transaction, he directly holds 60,697.053 shares of ADT common stock.
Positive
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Negative
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Insider Trade Summary
Net Seller: 5,307 shares
Net Sell
1 txn
Insider
Burzo Steven
Role
VP, CAO & Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 5,307 | $8.02 | $43K |
Holdings After Transaction:
Common Stock — 60,697.053 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld to satisfy the withholding tax obligation due on restricted stock units ("RSUs") which vested on 3/01/2026.
FAQ
What insider transaction did ADT (ADT) report for Steven Burzo?
ADT reported that executive Steven Burzo disposed of 5,307 shares of common stock. The shares were withheld to cover taxes on vested restricted stock units, rather than sold in the open market, and the transaction used a price of $8.02 per share.
Was the ADT (ADT) insider transaction by Steven Burzo a tax withholding event?
Yes. The 5,307 ADT shares were withheld to satisfy Burzo’s tax obligation on RSUs that vested on March 1, 2026. This type of Form 4 Code F transaction is a tax-withholding disposition, not a discretionary open-market stock sale by the executive.
What does transaction code F mean in the ADT (ADT) Form 4 for Steven Burzo?
Transaction code F indicates payment of an exercise price or tax liability using securities. For Steven Burzo’s ADT filing, it means 5,307 shares were withheld to satisfy tax on vested RSUs, classifying the event as a tax-withholding disposition, not a traditional sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.