Form 4: ADT director receives 112.174 dividend-equivalent RSUs vesting May 2026
Rhea-AI Filing Summary
Insider purchase and vesting detail for ADT Inc. A Form 4 shows director Tracey R. Griffin was credited with 112.174 dividend-equivalent restricted stock units on 10/02/2025 at a reported price of $0. Those units increase her total reported beneficial ownership to 126,726.174 shares. The filing explains the units represent dividend equivalents tied to restricted stock units based on the closing common share price on 10/02/2025, and the units vest on 05/21/2026. Fractional shares are included and were not previously reported due to brokerage reporting practices. The Form 4 is signed by an attorney-in-fact on behalf of the reporting person.
Positive
- Director ownership increased to 126,726.174 shares after the credited units
- Dividend-equivalent units vest on 05/21/2026, showing a defined retention schedule
Negative
- None.
Insights
Director received dividend-equivalent RSUs that vest in mid-2026.
The entry records 112.174 dividend-equivalent units credited on 10/02/2025 that raise the director's beneficial ownership to 126,726.174 shares. These accrued units stem from existing restricted stock units and carry a vesting date of 05/21/2026, indicating a time-based retention element.
This is a routine governance event tied to equity compensation rather than an open-market purchase; the reported price is $0 because these are dividend equivalents credited to RSUs. Monitor the 05/21/2026 vesting for any subsequent Form 4 reporting when the units convert to shares or are sold.
FAQ
What transaction was reported for ADT (ADT) on 10/02/2025?
How many shares does the reporting person own after the transaction?
What price was reported for the credited units?
When do the credited units vest?
Why are fractional shares included in the reported amount?