ADT (NYSE: ADT) CFO adds 15,000 shares, holds over 3M via stock and options
Rhea-AI Filing Summary
ADT Inc. executive Jeffrey Likosar, President of Corporate Development & Transformation and CFO, reported an open-market purchase of 15,000 shares of ADT common stock at $6.75 per share on May 29, 2026. After this transaction, he directly holds 623,194.692 shares of common stock.
In addition to his direct holdings, Likosar has indirect ownership through LLCs. MTCF LLC holds 575,280 common shares and 1,112,759 employee stock options with a $6.74 exercise price expiring on March 5, 2036. JSKC LLC holds a further 1,899,274 common shares indirectly attributed to him.
Positive
- None.
Negative
- None.
Insights
Routine open-market buy by ADT’s CFO alongside substantial existing holdings.
Jeffrey Likosar’s Form 4 shows a net purchase of 15,000 ADT common shares at $6.75 per share. This is an open-market transaction, typically reflecting a discretionary decision, and brings his direct common stock position to 623,194.692 shares.
The filing also highlights sizeable indirect exposure: LLCs associated with Likosar hold common shares and 1,112,759 options with a $6.74 exercise price expiring in 2036, vesting in three annual installments starting March 2027. Given the scale of his overall equity exposure relative to the 15,000-share purchase, the activity appears routine and not thesis-changing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 15,000 | $6.75 | $101K |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- An LLC of which the reporting person is member and manager. The option vests in three equal annual installments on 3/05/2027, 3/05/2028 and 3/05/2029. Reflects the transfer of 1,112,759 options from direct ownership to indirect ownership by MTCF LLC ("MTCF") on April 2, 2026. The reporting person is member and manager of MTCF. This transfer merely changed the form of beneficial ownership and was exempt from reporting pursuant to Rule 16a-13.