Director Griffin receives 209.767 ADT Inc. (NYSE: ADT) dividend units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Griffin Tracey R. reported acquisition or exercise transactions in this Form 4 filing.
ADT Inc. director Tracey R. Griffin reported receiving a grant of 209.767 shares of Common Stock as dividend equivalent units. These units accrued under existing restricted stock units based on the closing price per share of Common Stock as of July 7, 2027 and will vest on May 27, 2027. Following this award, Griffin directly holds a total of 153,560.264 shares of ADT common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Griffin Tracey R.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 209.767 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 153,560.264 shares (Direct, null)
Footnotes (1)
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Key Figures
Dividend equivalent units granted: 209.767 shares
Total shares after transaction: 153,560.264 shares
Vesting date: May 27, 2027
+1 more
4 metrics
Dividend equivalent units granted
209.767 shares
Grant of Common Stock as dividend equivalent units
Total shares after transaction
153,560.264 shares
Director’s direct ADT Common Stock holdings following grant
Vesting date
May 27, 2027
Vesting date of the dividend equivalent units
Pricing reference date
July 7, 2027
Closing price date used to accrue dividend equivalent units
Key Terms
dividend equivalent units, restricted stock units, Common Stock
3 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
"which 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
"closing price per share of Common Stock as of July 7, 2027, and which vest on May 27, 2027"
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.
FAQ
What insider transaction did ADT (ADT) report for Tracey R. Griffin?
ADT reported that director Tracey R. Griffin received a grant of 209.767 shares of Common Stock as dividend equivalent units. The award reflects accruals tied to existing restricted stock units and increases her directly held ADT share position.
How many dividend equivalent units did the ADT director receive?
Director Tracey R. Griffin received 209.767 dividend equivalent units of ADT Common Stock. These units accrued in accordance with the terms of her restricted stock units and were based on the closing price per share of ADT Common Stock as of July 7, 2027.
When do Tracey R. Griffin’s new ADT dividend equivalent units vest?
The newly reported ADT dividend equivalent units vest on May 27, 2027. Vesting means the director’s rights to these shares become fully earned under the terms of the restricted stock unit agreement associated with her ADT equity compensation.
What are dividend equivalent units in the context of ADT stock awards?
Dividend equivalent units are additional share units that accrue on restricted stock units to mirror dividends on ADT Common Stock. Instead of receiving cash, the holder accumulates more share units, aligning equity compensation with shareholder dividend activity over time.