ADT (NYSE: ADT) director gets 150 dividend-equivalent units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ADT Inc. director Tracey R. Griffin received an automatic share-based award tied to existing equity grants. On April 2, 2026, she acquired 150.194 dividend equivalent units of ADT common stock at a deemed price of $0.00 per share. According to the footnote, these dividend equivalent units accrued in line with the terms of her restricted stock units based on the closing price of ADT common stock on April 2, 2026 and will vest on May 21, 2026. Following this grant, she directly holds a total of 126,996.178 shares of ADT common stock, reflecting routine compensation-related equity accrual rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Griffin Tracey R.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 150.194 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 126,996.178 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Dividend equivalent units granted: 150.194 units
Price per share for grant: $0.00 per share
Total shares after transaction: 126,996.178 shares
+2 more
5 metrics
Dividend equivalent units granted
150.194 units
Grant of common stock-related units on April 2, 2026
Price per share for grant
$0.00 per share
Reported transaction price for the awarded units
Total shares after transaction
126,996.178 shares
Director’s direct ADT common stock holdings following the grant
Accrual date
April 2, 2026
Date when dividend equivalent units accrued based on closing price
Vesting date
May 21, 2026
Date when the dividend equivalent units will vest
Key Terms
dividend equivalent units, restricted stock units, Common Stock, grant, award, or other acquisition
4 terms
dividend equivalent units financial
"Represents dividend equivalent units, which accrued in accordance with the terms"
restricted stock units financial
"accrued in accordance with the terms of the restricted stock units based"
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.
Common Stock financial
"closing price per share of Common Stock as of April 2, 2026"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did ADT (ADT) director Tracey R. Griffin report in this Form 4?
She reported receiving 150.194 dividend equivalent units of ADT common stock as a grant. These units accrued under her restricted stock units and are part of routine equity compensation, not an open-market transaction.
When do the reported ADT (ADT) dividend equivalent units vest?
The 150.194 dividend equivalent units vest on May 21, 2026. They accrued based on the April 2, 2026 closing price of ADT common stock, following the terms of existing restricted stock unit awards.
Was this ADT (ADT) Form 4 a market buy or sell by the director?
No, it was not a market buy or sell. The Form 4 shows an acquisition coded as a grant or award, reflecting dividend equivalent units tied to restricted stock units, with a reported price of $0.00 per share.
How were the ADT (ADT) dividend equivalent units calculated for this grant?
The dividend equivalent units accrued in accordance with the restricted stock unit terms. They were based on the closing price per share of ADT common stock on April 2, 2026, as described in the footnote to the filing.