Large option grant and tax share withholding for ADT (ADT) executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ADT Inc. executive Todd Dernberger, EVP and Chief Growth Officer, reported routine equity compensation activity. He received an employee stock option grant covering 445,103 shares of common stock, which vests in three equal annual installments on 3/05/2027, 3/05/2028, and 3/05/2029.
On 3/08/2026, 5,826 shares of common stock were withheld to cover taxes due on restricted stock units that vested the same day, a non‑cash disposition classified as a tax-withholding transaction. After these events, he directly held 45,290.437 shares of ADT common stock, plus the newly granted option for 445,103 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Dernberger Todd
Role
EVP and Chief Growth Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,826 | $0.00 | -- |
| Grant/Award | Employee Stock Option (right to buy) | 445,103 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 45,290.437 shares (Direct);
Employee Stock Option (right to buy) — 445,103 shares (Direct)
Footnotes (1)
- Represents shares withheld to satisfy the withholding tax obligation due on restricted stock units ("RSUs") which vested on 3/08/2026. The option vests in three equal annual installments on 3/05/2027, 3/05/2028 and 3/05/2029.
FAQ
What insider transactions did ADT (ADT) report for Todd Dernberger?
ADT reported that Todd Dernberger received an employee stock option grant for 445,103 shares and had 5,826 shares of common stock withheld to satisfy taxes on vested RSUs, reflecting routine equity compensation and related tax withholding activity.
What are the vesting terms of Todd Dernberger’s new ADT stock option grant?
The new ADT employee stock option grant for 445,103 shares vests in three equal annual installments. Vesting dates are 3/05/2027, 3/05/2028, and 3/05/2029, meaning one‑third of the option becomes exercisable on each of those dates.
What role does Todd Dernberger hold at ADT as noted in the Form 4?
Todd Dernberger is identified as an officer of ADT Inc., serving as EVP and Chief Growth Officer. The Form 4 reflects his transactions in ADT equity in connection with his executive compensation and related tax obligations.