ADT (ADT) director accrues 209.767 dividend equivalent units as RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ADT Inc. director Paul Joseph Smith reported an automatic acquisition of 209.767 shares of Common Stock in the form of dividend equivalent units. These units accrued in line with the terms of his restricted stock units based on the closing share price on July 7, 2026, and will vest on May 27, 2027. Following this award, he directly holds a total of 44,792.264 ADT shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Smith Paul Joseph
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 209.767 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 44,792.264 shares (Direct, null)
Footnotes (1)
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Key Figures
Dividend equivalent units acquired: 209.767 shares
Holdings after transaction: 44,792.264 shares
Vesting date: May 27, 2027
3 metrics
Dividend equivalent units acquired
209.767 shares
Accrued July 7, 2026 under RSU terms
Holdings after transaction
44,792.264 shares
Common Stock directly held after award
Vesting date
May 27, 2027
Dividend equivalent units vesting date
Key Terms
dividend equivalent units, restricted stock units, vesting
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
"accrued in accordance with the terms of the restricted stock units based on the closing price"
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.
vesting financial
"based on the closing price per share of Common Stock as of July 7, 2026, and which vest on May 27, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did ADT (ADT) director Paul Joseph Smith report?
Paul Joseph Smith reported an automatic acquisition of 209.767 ADT Common Stock dividend equivalent units. These accrued under his restricted stock unit terms and increase his direct holdings, reflecting routine compensation-related equity rather than an open-market purchase or sale.
What are the dividend equivalent units reported in ADT (ADT) director’s Form 4?
The filing describes 209.767 dividend equivalent units that accrued based on ADT’s closing share price on July 7, 2026. They are tied to existing restricted stock units and are scheduled to vest on May 27, 2027, mirroring the underlying RSU vesting terms.
When do the newly accrued ADT (ADT) dividend equivalent units vest?
The dividend equivalent units reported in the filing vest on May 27, 2027. They accrued according to the terms of Paul Joseph Smith’s restricted stock units, based on ADT’s closing Common Stock price as of July 7, 2026, and follow that RSU vesting schedule.