Apollo entities shift 102M ADT (NYSE: ADT) shares in J-code restructuring
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Apollo-affiliated entities reported a restructuring transaction involving 102,000,366 shares of ADT Inc. common stock at $7.25 per share. The Form 4 classifies the move as an “Other acquisition or disposition” of indirectly held shares. Following this transaction, the reporting entities show zero ADT common shares held indirectly.
This J-code event is characterized as a restructuring rather than an open-market purchase or sale, and it reflects changes in how these Apollo-related entities hold or allocate their former ADT position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Apollo Management Holdings GP, LLC, Apollo Management GP, LLC, Apollo Management Holdings, L.P.
Role
null | null | null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 102,000,366 | $7.25 | $739.50M |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, See Footnote)
Footnotes (1)
- [object Object]
Key Figures
Shares in restructuring: 102,000,366 shares
Transaction price: $7.25 per share
Shares after transaction: 0 shares
+1 more
4 metrics
Shares in restructuring
102,000,366 shares
Common Stock, J-code transaction on 2026-05-05
Transaction price
$7.25 per share
Price associated with 102,000,366 ADT shares
Shares after transaction
0 shares
Total ADT common stock following restructuring
Restructuring shares (summary)
102,000,366 shares
Reported as restructuringShares in transactionSummary
Key Terms
Form 4, Common Stock, transaction code "J", Other acquisition or disposition, +2 more
6 terms
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.
Common Stock financial
""security_title": "Common Stock","
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.
transaction code "J" regulatory
""transaction_code": "J","
Other acquisition or disposition regulatory
""transaction_code_description": "Other acquisition or disposition","
indirect ownership financial
""ownership_type": "indirect","
FAQ
What did Apollo entities report in this ADT (ADT) Form 4 filing?
The filing shows Apollo-affiliated entities executed a J-code restructuring transaction involving 102,000,366 shares of ADT common stock at $7.25 per share. It is classified as an “Other acquisition or disposition” rather than a standard open-market trade.
Is Apollo’s ADT Form 4 transaction a normal buy or sell?
No, the Form 4 labels the event with transaction code J as an “Other acquisition or disposition.” This indicates a restructuring-type change in how shares are held, rather than a straightforward open-market purchase or sale of ADT common stock.
How is the Apollo ADT position characterized before the restructuring transaction?
The Form 4 describes the ADT common stock as held indirectly with the ownership nature marked “See Footnote.” The reported J-code transaction then restructures 102,000,366 of these indirectly held shares, leaving the reporting entities with zero common shares afterward.