Gartland Thomas M 4
Research Summary
AI-generated summary
ADT (ADT) Director Thomas M. Gartland Receives Award of 150 Shares
What Happened
- Thomas M. Gartland, a director of ADT Inc., received 150.194 dividend-equivalent restricted stock units (RSU-style award) on April 2, 2026. The reported acquisition price is $0.00 (a grant), and the units accrued based on ADT’s closing share price as of April 2, 2026. These units vest on various dates through May 21, 2026.
Key Details
- Transaction date: 2026-04-02; filing date: 2026-04-06.
- Amount: 150.194 dividend-equivalent units; reported acquisition price $0.00 (grant).
- Shares owned after transaction: not specified in this Form 4.
- Footnote: The units represent dividend equivalent units that accrued per the RSU terms and vest on various dates through May 21, 2026.
- No indication in the filing that this was a sale, purchase, or option exercise—this is a grant/award.
Context
- Dividend-equivalent units are credits tied to dividends that convert into restricted stock units; they are typically administrative compensation and not a direct market buy/sell signal. As with most grants to directors, this reflects compensation rather than an expressed view to buy or sell company stock.