Apollo entities disclose 13.3% ADT Inc. (ADT) ownership stake

Rhea-AI Filing Summary

Apollo-affiliated investment entities report a significant ownership stake in ADT Inc. They collectively report beneficial ownership of 102,000,366 shares of ADT common stock, representing 13.3% of the company’s outstanding shares.

The ownership is held through several related Delaware partnerships and LLCs, including Prime Security Services TopCo (ML), L.P. with 95,314,250 shares (12.5%) and Prime Security Services TopCo (ML II), L.P. with 6,686,116 shares (0.9%). All reporting entities have zero sole voting or dispositive power but share voting and dispositive power over these shares. The percentages are based on 765,018,211 ADT shares outstanding as of October 28, 2025, as disclosed in ADT’s Form 10-Q.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 11)

ADT Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

00090Q103

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 00090Q103

1

Names of Reporting Persons

Apollo Management Holdings GP, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 102,000,366.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 102,000,366.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

102,000,366.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

13.3 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 00090Q103

1

Names of Reporting Persons

Prime Security Services TopCo (ML), L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 95,314,250.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 95,314,250.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

95,314,250.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

12.5 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 00090Q103

1

Names of Reporting Persons

Prime Security Services TopCo (ML II), L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 6,686,116.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 6,686,116.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,686,116.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.9 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 00090Q103

1

Names of Reporting Persons

Prime Security Services TopCo (ML), LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 95,314,250.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 95,314,250.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

95,314,250.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

12.5 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 00090Q103

1

Names of Reporting Persons

Prime Security Services TopCo (ML II), LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 6,686,116.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 6,686,116.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,686,116.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.9 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 00090Q103

1

Names of Reporting Persons

Prime Security Services TopCo Parent GP, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 95,314,250.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 95,314,250.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

95,314,250.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

12.5 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 00090Q103

1

Names of Reporting Persons

AP VIII Prime Security Services Holdings, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 95,314,250.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 95,314,250.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

95,314,250.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

12.5 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 00090Q103

1

Names of Reporting Persons

Prime Security Services GP, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 102,000,366.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 102,000,366.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

102,000,366.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

13.3 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 00090Q103

1

Names of Reporting Persons

AP VIII Prime Security Services Management, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 102,000,366.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 102,000,366.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

102,000,366.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

13.3 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 00090Q103

1

Names of Reporting Persons

Apollo Management, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 102,000,366.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 102,000,366.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

102,000,366.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

13.3 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 00090Q103

1

Names of Reporting Persons

Apollo Management GP, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 102,000,366.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 102,000,366.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

102,000,366.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

13.3 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 00090Q103

1

Names of Reporting Persons

Apollo Management Holdings, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 102,000,366.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 102,000,366.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

102,000,366.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

13.3 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ADT Inc.
(b)	Address of issuer's principal executive offices: 1501 Yamato Road, Boca Raton, FL, 33431
Item 2.
(a)	Name of person filing: This statement is filed by: (i) Prime Security Services TopCo (ML), L.P. ("TopCo ML LP"); (ii) Prime Security Services TopCo (ML II), L.P. ("TopCo ML II LP"); (iii) Prime Security Services TopCo (ML), LLC ("Prime TopCo ML"); (iv) Prime Security Services TopCo (ML II), LLC ("Prime TopCo ML II"); (v) Prime Security Services TopCo Parent GP, LLC ("TopCo Parent GP"); (vi) AP VIII Prime Security Services Holdings, L.P. ("AP VIII Prime Security LP"); (vii) Prime Security Services GP, LLC ("Prime GP"); (viii) AP VIII Prime Security Services Management, LLC ("AP VIII Prime Security Management"); (ix) Apollo Management, L.P. ("Apollo Management"); (x) Apollo Management GP, LLC ("Management GP"); (xi) Apollo Management Holdings, L.P. ("Management Holdings"); and (xii) Apollo Management Holdings GP, LLC ("Management Holdings GP"). The foregoing are collectively referred to herein as the "Reporting Persons." TopCo ML LP and TopCo ML II LP are each holders of record of the securities of the Issuer. Prime TopCo ML serves as the general partner of TopCo ML LP, and Prime TopCo ML II serves as the general partner of TopCo ML II LP. TopCo Parent GP serves as the sole member of Prime TopCo ML. AP VIII Prime Security LP serves as the sole member of TopCo Parent GP. Prime GP serves as the general partner for AP VIII Prime Security LP and as a member for Prime TopCo ML II. AP VIII Prime Security Management serves as the investment manager of AP VIII Prime Security LP and Prime GP. Apollo Management serves as the sole member-manager of AP VIII Prime Security Management. Management GP serves as the general partner of Apollo Management. Management Holdings serves as the sole member and manager of Management GP, and Management Holdings GP serves as the general partner of Management Holdings.
(b)	Address or principal business office or, if none, residence: The address of the principal business office of each of the Reporting Persons is 9 W. 57th Street, 41st Floor, New York, New York 10019.
(c)	Citizenship: TopCo ML LP, TopCo ML II LP, AP VIII Prime Security LP, Apollo Management and Management Holdings are each Delaware limited partnerships. Prime TopCo ML, Prime TopCo ML II, TopCo Parent GP, Prime GP, AP VIII Prime Security Management, Management GP, and Management Holdings GP are each Delaware limited liability companies.
(d)	Title of class of securities: Common Stock, par value $0.01 per share
(e)	CUSIP No.: 00090Q103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Management Holdings GP 102,000,366 TopCo ML LP 95,314,250 Prime TopCo ML 95,314,250 TopCo ML II LP 6,686,116 Prime TopCo ML II 6,686,116 TopCo Parent GP 95,314,250 AP VIII Prime Security LP 95,314,250 Prime GP 102,000,366 AP VIII Prime Security Management 102,000,366 Apollo Management 102,000,366 Management GP 102,000,366 Management Holdings 102,000,366 Prime TopCo ML, TopCo Parent GP, AP VIII Prime Security LP, Prime GP, AP VIII Prime Security Management, Apollo Management, Management GP, Management Holdings and Management Holdings GP, and Messrs. Marc Rowan, Scott Kleinman, and James Zelter, the managers, as well as executive officers, of Management Holdings GP, each disclaim beneficial ownership of all shares of Common Stock included in this report, and the filing of this report shall not be construed as an admission that any such person or entity is the beneficial owner of any such securities for purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended, or for any other purpose.
(b)	Percent of class: Management Holdings GP 13.3% TopCo ML LP 12.5% Prime TopCo ML 12.5% TopCo ML II LP 0.9% Prime TopCo ML II 0.9% TopCo Parent GP 12.5% AP VIII Prime Security LP 12.5% Prime GP 13.3% AP VIII Prime Security Management 13.3% Apollo Management 13.3% Management GP 13.3% Management Holdings 13.3% The percentage amounts are based on 765,018,211 shares of Common Stock outstanding as of October 28, 2025, as reported in the Issuer's quarterly report on Form 10-Q filed on November 4, 2025.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0 for all Reporting Persons
	(ii) Shared power to vote or to direct the vote: Management Holdings GP 102,000,366 TopCo ML LP 95,314,250 Prime TopCo ML 95,314,250 TopCo ML II LP 6,686,116 Prime TopCo ML II 6,686,116 TopCo Parent GP 95,314,250 AP VIII Prime Security LP 95,314,250 Prime GP 102,000,366 AP VIII Prime Security Management 102,000,366 Apollo Management 102,000,366 Management GP 102,000,366 Management Holdings 102,000,366
	(iii) Sole power to dispose or to direct the disposition of: 0 for all Reporting Persons
	(iv) Shared power to dispose or to direct the disposition of: Management Holdings GP 102,000,366 TopCo ML LP 95,314,250 Prime TopCo ML 95,314,250 TopCo ML II LP 6,686,116 Prime TopCo ML II 6,686,116 TopCo Parent GP 95,314,250 AP VIII Prime Security LP 95,314,250 Prime GP 102,000,366 AP VIII Prime Security Management 102,000,366 Apollo Management 102,000,366 Management GP 102,000,366 Management Holdings 102,000,366
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Apollo Management Holdings GP, LLC

Signature:	/s/ James Elworth
Name/Title:	James Elworth, Vice President
Date:	02/13/2026

Prime Security Services TopCo (ML), L.P.

Signature:	Prime Security Services TopCo (ML), LLC
Name/Title:	General Partner
Date:	02/13/2026

Signature:	Prime Security Services TopCo Parent GP, LLC
Name/Title:	Sole Member
Date:	02/13/2026

Signature:	/s/ James Elworth
Name/Title:	James Elworth, Vice President
Date:	02/13/2026

Prime Security Services TopCo (ML II), L.P.

Signature:	Prime Security Services TopCo (ML II), LLC
Name/Title:	General Partner
Date:	02/13/2026

Signature:	Prime Security Services GP, LLC
Name/Title:	Member
Date:	02/13/2026

Signature:	Apollo Advisors VIII, L.P.
Name/Title:	Sole Member
Date:	02/13/2026

Signature:	Apollo Capital Management VIII, LLC
Name/Title:	General Partner
Date:	02/13/2026

Signature:	/s/ James Elworth
Name/Title:	James Elworth, Vice President
Date:	02/13/2026

Prime Security Services TopCo (ML), LLC

Signature:	Prime Security Services TopCo Parent GP, LLC
Name/Title:	Sole Member
Date:	02/13/2026

Signature:	/s/ James Elworth
Name/Title:	James Elworth, Vice President
Date:	02/13/2026

Prime Security Services TopCo (ML II), LLC

Signature:	Prime Security Services GP, LLC
Name/Title:	Member
Date:	02/13/2026

Signature:	Apollo Advisors VIII, L.P.
Name/Title:	Sole Member
Date:	02/13/2026

Signature:	Apollo Capital Management VIII, LLC
Name/Title:	General Partner
Date:	02/13/2026

Signature:	/s/ James Elworth
Name/Title:	James Elworth, Vice President
Date:	02/13/2026

Prime Security Services TopCo Parent GP, LLC

Signature:	/s/ James Elworth
Name/Title:	James Elworth, Vice President
Date:	02/13/2026

AP VIII Prime Security Services Holdings, L.P.

Signature:	Prime Security Services GP, LLC
Name/Title:	General Partner
Date:	02/13/2026

Signature:	Apollo Advisors VIII, L.P.
Name/Title:	Sole Member
Date:	02/13/2026

Signature:	Apollo Capital Management VIII, LLC
Name/Title:	General Partner
Date:	02/13/2026

Signature:	/s/ James Elworth
Name/Title:	James Elworth, Vice President
Date:	02/13/2026

Prime Security Services GP, LLC

Signature:	Apollo Advisors VIII, L.P.
Name/Title:	Sole Member
Date:	02/13/2026

Signature:	Apollo Capital Management VIII, LLC
Name/Title:	General Partner
Date:	02/13/2026

Signature:	/s/ James Elworth
Name/Title:	James Elworth, Vice President
Date:	02/13/2026

AP VIII Prime Security Services Management, LLC

Signature:	Apollo Management, L.P.
Name/Title:	Sole Member
Date:	02/13/2026

Signature:	Apollo Management GP, LLC
Name/Title:	General Partner
Date:	02/13/2026

Signature:	/s/ James Elworth
Name/Title:	James Elworth, Vice President
Date:	02/13/2026

Apollo Management, L.P.

Signature:	Apollo Management GP, LLC
Name/Title:	General Partner
Date:	02/13/2026

Signature:	/s/ James Elworth
Name/Title:	James Elworth, Vice President
Date:	02/13/2026

Apollo Management GP, LLC

Signature:	/s/ James Elworth
Name/Title:	James Elworth, Vice President
Date:	02/13/2026

Apollo Management Holdings, L.P.

Signature:	Apollo Management Holdings GP, LLC
Name/Title:	General Partner
Date:	02/13/2026

Signature:	/s/ James Elworth
Name/Title:	James Elworth, Vice President
Date:	02/13/2026

FAQ

How large is Apollo’s reported ownership stake in ADT (ADT)?

Apollo-affiliated entities report beneficial ownership of 102,000,366 ADT common shares, equal to 13.3% of the company. This percentage is calculated using 765,018,211 shares outstanding as of October 28, 2025, from ADT’s Form 10-Q.

Which Apollo-related entities hold shares of ADT (ADT)?

Ownership in ADT is reported across several Apollo-related entities, including Prime Security Services TopCo (ML), L.P., Prime Security Services TopCo (ML II), L.P., AP VIII Prime Security Services Holdings, L.P., and various Apollo Management entities, all treated collectively as reporting persons.

How many ADT (ADT) shares does Prime Security Services TopCo (ML), L.P. hold?

Prime Security Services TopCo (ML), L.P. reports beneficial ownership of 95,314,250 ADT common shares, representing 12.5% of the class. It has shared voting and shared dispositive power over all of these shares and no sole voting or dispositive power.

How many ADT (ADT) shares does Prime Security Services TopCo (ML II), L.P. hold?

Prime Security Services TopCo (ML II), L.P. reports beneficial ownership of 6,686,116 ADT common shares, or 0.9% of the class. It holds only shared voting and shared dispositive power over these shares, with no sole authority reported.

Do Apollo-related entities have sole voting power over their ADT (ADT) shares?

No. Each Apollo-related reporting entity shows 0 shares with sole voting or dispositive power. All voting and dispositive authority over the ADT shares is reported as shared among the related partnerships and limited liability companies listed in the ownership table.

What share count did Apollo use to calculate its ADT (ADT) ownership percentages?

The reported ownership percentages are based on 765,018,211 ADT common shares outstanding as of October 28, 2025. This figure comes from ADT Inc.’s quarterly report on Form 10-Q filed on November 4, 2025.