Gartland Thomas M 4
Research Summary
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ADT Director Thomas M. Gartland Receives RSU Award
What Happened Thomas M. Gartland, a director of ADT Inc. (ADT), was granted 26,354.319 restricted stock units (RSUs) on 2026-05-27. The RSUs were awarded at a $0.00 per-share acquisition price (total reported value $0) and vest 100% on 2027-05-27. Gartland has elected to defer receipt of the underlying shares until he retires from the Board under ADT’s Deferred Compensation Plan.
Key Details
- Transaction date: 2026-05-27 (Form 4 filed 2026-05-29).
- Transaction type: Award/Grant (RSUs); 26,354.319 shares reported at $0.00 per share.
- Vesting: 100% on 2027-05-27 (per footnote).
- Deferral: Reporting person elected to defer delivery of shares until retirement under the Issuer’s Deferred Compensation Plan.
- Shares owned after transaction: not specified in the filing.
- Timeliness: Form filed two days after the grant date (appears timely under Section 16 reporting rules).
Context RSU grants to directors are typically compensation for board service rather than an open-market purchase or sale, so they do not directly signal a buy or sell sentiment. The deferral election means Gartland will not receive the shares (and therefore cannot sell them) until retirement from the Board, subject to plan terms.