Dividend-equivalent grant lifts ADT (NYSE: ADT) director’s holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ADT Inc. director Daniel Joseph Houston reported an acquisition of 209.767 dividend equivalent units of common stock. These units accrued in line with the terms of his restricted stock units, based on the closing share price on July 7, 2027, and will vest on May 27, 2027. Following this compensation-related grant, his direct holdings total 101,376.264 shares of ADT common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Houston Daniel Joseph
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 209.767 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 101,376.264 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Dividend equivalent units granted: 209.767 units
Price per unit: $0.00 per share
Shares held after transaction: 101,376.264 shares
+2 more
5 metrics
Dividend equivalent units granted
209.767 units
Compensation-related grant to director on July 7, 2026
Price per unit
$0.00 per share
Grant, award, or other acquisition
Shares held after transaction
101,376.264 shares
Director’s direct ADT common stock holdings post-grant
Vesting date
May 27, 2027
Dividend equivalent units vesting schedule per footnote
Reference pricing date
July 7, 2027
Closing price date used to accrue dividend equivalent units
Key Terms
dividend equivalent units, restricted stock units, Form 4, Grant, award, or other acquisition
4 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 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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did ADT (ADT) director Daniel Joseph Houston report in this Form 4?
Daniel Joseph Houston reported receiving 209.767 dividend equivalent units of ADT common stock as a compensation-related award. These units are tied to his restricted stock units and increase his direct holdings to 101,376.264 shares after the transaction.
What are the key terms of the ADT (ADT) dividend equivalent units granted?
The 209.767 dividend equivalent units accrued according to the terms of Houston’s restricted stock units, based on ADT’s closing share price on July 7, 2027. The footnote states these units are scheduled to vest on May 27, 2027, subject to applicable conditions.
Does the ADT (ADT) Form 4 indicate any remaining derivative positions for the director?
The filing’s derivative summary is empty, indicating no additional derivative securities such as options or other derivatives are reported in this particular Form 4. The disclosure focuses solely on the dividend equivalent unit grant linked to restricted stock units.