DeVries James David 4
4 · ADT Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
ADT CEO James DeVries Receives Award of 4.79M Shares
What Happened
James DeVries (Chairman, President & CEO, Director) was granted a derivative award for 4,793,066 shares of ADT on 2026-03-05. The award was recorded at $0.00 per share (no cash paid at grant). This filing reports an award/grant (transaction code A), not a market purchase or sale.
Key Details
- Transaction date: 2026-03-05; Form 4 filed: 2026-03-09 (timely filing).
- Transaction type/code: Award/Grant (A); derivative security reported.
- Shares/units granted: 4,793,066; reported price: $0.00.
- Vesting: vests in three equal annual installments on 03/05/2027, 03/05/2028 and 03/05/2029 (footnote F1).
- Shares owned after transaction: not specified in the provided summary of the filing.
- No indication of an immediate sale or cashless exercise in this filing.
Context
This is a compensation-related derivative grant that will convert to shares subject to the stated vesting schedule. Such awards are common for executives and do not represent an open-market purchase or sale. Because it is a derivative award with future vesting, it does not provide an immediate change in trading exposure.
Insider Transaction Report
Form 4
ADT Inc.ADT
DeVries James David
DirectorChairman, President & CEO
Transactions
- Award
Employee Stock Option (right to buy)
[F1]2026-03-05+4,793,066→ 4,793,066 totalExercise: $6.74Exp: 2036-03-05→ Common Stock (4,793,066 underlying)
Footnotes (1)
- [F1]The option vests in three equal annual installments on 3/05/2027, 3/05/2028 and 3/05/2029.
Signature
/s/MaryJon Donnelly, attorney-in-fact|2026-03-06