ADT Inc.·4

Mar 9, 5:26 PM ET

DeVries James David 4

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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.