ADT (ADT) EVP granted 100 dividend equivalent stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ADT Inc. executive vice president and Chief Growth Officer Todd Dernberger reported an acquisition of additional stock-based compensation. On July 7, 2026, he received 100.1930 dividend equivalent units of ADT common stock at no cash cost, accruing under existing restricted stock units and scheduled to vest on March 8, 2027. Following this grant, his directly held common stock-based position increased to 45,494.3530 shares, reflecting a routine compensation-related award rather than an open-market purchase.
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 | 100.193 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 45,494.353 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Dividend equivalent units granted: 100.1930 units
Price per unit: $0.0000 per share
Holdings after transaction: 45,494.3530 shares
+1 more
4 metrics
Dividend equivalent units granted
100.1930 units
Grant/award acquisition on July 7, 2026
Price per unit
$0.0000 per share
Reported transaction price for granted units
Holdings after transaction
45,494.3530 shares
Total ADT common stock-based holdings direct after grant
Vesting date of units
March 8, 2027
Vesting date for 100.1930 dividend equivalent units
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
"which accrued in accordance with the terms of the restricted stock units based on the closing price per share"
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 July 7, 2026, and which vest on March 8, 2027"
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 did ADT (ADT) executive Todd Dernberger report in this Form 4 filing?
Todd Dernberger reported receiving 100.1930 dividend equivalent units of ADT common stock as a compensation-related award. These units accrued under existing restricted stock units and increase his direct stock-based holdings reported after the transaction.
Was Todd Dernberger’s ADT (ADT) transaction an open-market stock purchase?
The transaction was not an open-market purchase. It was coded as a grant or award acquisition, representing 100.1930 dividend equivalent units that accrued under restricted stock units, with a reported price per share of 0.0000.
When do the newly granted ADT (ADT) dividend equivalent units vest for Todd Dernberger?
The 100.1930 dividend equivalent units vest on March 8, 2027. They accrued in line with the terms of existing restricted stock units and are tied to ADT’s closing common stock price on July 7, 2026.
What are dividend equivalent units in the context of this ADT (ADT) filing?
Dividend equivalent units mirror dividends on restricted stock units by granting additional units instead of cash. In this case, 100.1930 units accrued based on ADT’s July 7, 2026 closing share price and will vest with the underlying award.