RSU tax withholding leads ADT (NYSE: ADT) CFO to dispose shares
Rhea-AI Filing Summary
ADT Inc. executive Jeffrey Likosar reported a Form 4 showing a tax-related share disposition rather than an open-market sale. On March 1, 2026, 21,720 shares of ADT common stock were withheld at $8.02 per share to satisfy withholding taxes on restricted stock units that vested the same day.
After this withholding, Likosar held 608,194.692 ADT common shares directly. He also reported indirect ownership of 1,899,274 shares through JSKC LLC, an LLC where he is a member and manager, and 575,280 shares through MTCF LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 21,720 shares
Net Sell
3 txns
Insider
Likosar Jeffrey
Role
Pres Corp Dev & Trans. & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 21,720 | $8.02 | $174K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 608,194.692 shares (Direct);
Common Stock — 1,899,274 shares (Indirect, JSKC LLC);
Common Stock — 575,280 shares (Indirect, MTCF LLC)
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 member and manager.
FAQ
What did ADT (ADT) executive Jeffrey Likosar report on this Form 4?
Jeffrey Likosar reported a tax-related share disposition tied to vested RSUs. ADT withheld 21,720 common shares on March 1, 2026 to cover associated tax obligations, and the filing updates his direct and indirect ADT share ownership positions.
Was Jeffrey Likosar’s ADT (ADT) Form 4 transaction an open-market stock sale?
The transaction was not an open-market sale; it was a tax-withholding disposition. ADT withheld 21,720 shares to satisfy tax obligations arising from restricted stock units that vested on March 1, 2026, as specifically described in the filing footnote.
What does transaction code F mean in Jeffrey Likosar’s ADT (ADT) Form 4?
Transaction code F indicates payment of exercise price or tax liability by delivering securities. In this case, it reflects shares withheld by ADT to cover taxes due when Jeffrey Likosar’s restricted stock units vested on March 1, 2026, rather than a market sale.
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