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Thomas Gartland reports 155.323 RSU dividend units; total 24,865.323 ADT shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Reporting person: Thomas M. Gartland, a director of ADT Inc. (ADT), reported a transaction dated 10/02/2025 showing acquisition of 155.323 dividend equivalent units tied to restricted stock units that vest on various dates through 05/21/2026. The acquisition was recorded at a $0 price because these are dividend equivalents credited under the RSU terms. Following the transaction, the report shows total beneficial ownership of 24,865.323 shares (including fractional shares previously unreported due to brokerage practices). The Form 4 was signed by an attorney-in-fact on 10/06/2025.

Positive

  • Director received 155.323 dividend-equivalent units tied to existing RSUs
  • Vesting extends through 05/21/2026, providing a clear schedule for conversion to shares
  • Beneficial ownership disclosure increased to 24,865.323 shares, including fractional shares

Negative

  • None.

Insights

Director received dividend-equivalent RSU units that vest through mid-2026.

The reported 155.323 units are dividend equivalents that accrued under existing restricted stock unit terms and carry a recorded price of $0 because they represent credited units rather than a cash purchase. These units will convert into shares upon vesting on specified dates through 05/21/2026.

Key dependencies include the vesting schedule and any employment or board service conditions tied to the RSUs; investors can monitor vesting milestones through 05/21/2026 for changes in share count and potential selling activity.

Transaction is routine director equity compensation with fractional-share disclosure.

The filing clarifies that fractional shares were included because of brokerage reporting practices, which explains the non-integer beneficial ownership total of 24,865.323 shares. The use of an attorney-in-fact signature is typical for administrative filing execution.

Watch for any subsequent Form 4 entries around the listed vesting dates if units vest and are sold or otherwise disposed; such follow-ups would change reported beneficial ownership in near-term filings.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Gartland Thomas M

(Last) (First) (Middle)
1501 YAMATO ROAD

(Street)
BOCA RATON FL 33431

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ADT Inc. [ ADT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/02/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/02/2025 A 155.323(1)(2) A $0 24,865.323 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents dividend equivalent units, which accrued in accordance with the terms of the restricted stock units based on the closing price per share of Common Stock as of October 2, 2025, and which vest on various dates through May 21, 2026.
2. Amounts include fractional shares, which were not previously reported due to brokerage reporting practices.
Remarks:
/s/MaryJon Donnelly, attorney-in-fact 10/06/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did ADT director Thomas M. Gartland report on Form 4 (ADT)?

The filing reports acquisition of 155.323 dividend-equivalent units on 10/02/2025, recorded at $0, increasing beneficial ownership to 24,865.323 shares.

Why is the transaction price shown as $0 on the Form 4 for ADT?

The units are dividend equivalents credited under RSU terms, not a cash purchase, so the reported price is $0.

When do the newly reported units vest for ADT director holdings?

The dividend-equivalent units vest on various dates through 05/21/2026 according to the filing.

Does the Form 4 include fractional shares for ADT ownership?

Yes. The filing notes fractional shares were included and were not previously reported due to brokerage reporting practices.

Who signed the Form 4 for Thomas M. Gartland?

The Form 4 was signed by an attorney-in-fact, MaryJon Donnelly, on 10/06/2025.
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