ADT (NYSE: ADT) director receives 209 dividend-equivalent stock units as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gartland Thomas M reported acquisition or exercise transactions in this Form 4 filing.
ADT Inc. director Thomas M. Gartland received additional stock-based compensation. On July 7, 2026, he was granted 209.767 dividend equivalent units tied to ADT common stock at no cash cost, accruing under the terms of his restricted stock units. These units vest on various dates through May 27, 2027. Following this grant, his directly held common stock and related units total 51,746.225 shares-equivalent, reflecting routine compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gartland Thomas M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 209.767 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 51,746.225 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Dividend equivalent units granted: 209.767 units
Holdings after transaction: 51,746.225 shares
Transaction code: A (grant, award, or other acquisition)
+1 more
4 metrics
Dividend equivalent units granted
209.767 units
Accrued based on closing price as of July 7, 2026
Holdings after transaction
51,746.225 shares
Total ADT common stock and related units directly held after grant
Transaction code
A (grant, award, or other acquisition)
Non-derivative acquisition of common stock-related units
Vesting period end
May 27, 2027
Dividend equivalent units vest on various dates through this date
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 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.
Common Stock financial
"based on the closing price per share of Common Stock as of July 7, 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 Thomas M. Gartland report in this Form 4?
Thomas M. Gartland reported receiving 209.767 dividend equivalent units tied to ADT common stock. These accrued as part of his restricted stock units and represent stock-based compensation, not an open-market trade or cash purchase.
Is the ADT (ADT) Form 4 a stock purchase or sale by the director?
The Form 4 does not show a stock purchase or sale. It reports an acquisition coded as a grant or award of dividend equivalent units, which are compensation-related accruals rather than open-market buy or sell transactions.
What are dividend equivalent units in the ADT (ADT) Form 4 filing?
Dividend equivalent units are credits that mirror dividends on underlying shares, here tied to restricted stock units. They accrued based on ADT’s July 7, 2026 closing price and will vest on the same schedule as the related restricted stock awards.
When do the reported ADT (ADT) dividend equivalent units vest?
The dividend equivalent units vest on various dates through May 27, 2027. This means portions of the 209.767 units will convert over time, following the vesting schedule tied to the underlying restricted stock units.