ADT (ADT) director Thomas Gartland receives 150 dividend-equivalent units tied to RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ADT Inc. director Thomas M. Gartland reported an acquisition of 150.194 dividend equivalent units of ADT common stock on April 2, 2026. These units accrued in line with the terms of his restricted stock units and vest on various dates through May 21, 2026. Following this grant, he directly holds a total of 25,182.139 shares and related units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gartland Thomas M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 150.194 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 25,182.139 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Dividend equivalent units granted: 150.194 units
Award price per unit: $0.0000 per share
Holdings after transaction: 25,182.139 shares/units
+1 more
4 metrics
Dividend equivalent units granted
150.194 units
Non-cash award on April 2, 2026
Award price per unit
$0.0000 per share
Compensation-related grant, not market purchase
Holdings after transaction
25,182.139 shares/units
Total direct position following grant
Vesting period end
May 21, 2026
Dividend equivalent units vest on various dates through this date
Key Terms
dividend equivalent units, restricted stock units, grant, award, or other acquisition
3 terms
dividend equivalent units financial
"Represents dividend equivalent units, which accrued in accordance with the terms of the restricted stock units"
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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did ADT (ADT) director Thomas Gartland report?
Director Thomas M. Gartland reported receiving 150.194 dividend equivalent units of ADT common stock on April 2, 2026. These units were granted at no cost and are tied to his existing restricted stock units, increasing his total direct holdings to 25,182.139 shares and units.
What are the terms of the new ADT (ADT) dividend equivalent units for Thomas Gartland?
The 150.194 dividend equivalent units for Thomas M. Gartland accrued based on ADT’s closing share price on April 2, 2026. According to the award terms, these units will vest on various dates through May 21, 2026, aligning with the vesting schedule of his underlying restricted stock units.
Was cash paid for the ADT (ADT) dividend equivalent units reported by Thomas Gartland?
No cash changed hands for this transaction. The 150.194 dividend equivalent units reported by Thomas M. Gartland were granted at a price of $0.0000 per share, reflecting a compensation-related stock award rather than an open-market purchase of ADT shares.
How do the ADT (ADT) dividend equivalent units relate to restricted stock units?
The 150.194 dividend equivalent units accrued in accordance with the terms of restricted stock units held by Thomas M. Gartland. They mirror dividends on ADT stock, are based on the April 2, 2026 closing price, and vest on the same schedule through May 21, 2026.