ADT Inc.·4

Jul 9, 4:23 PM ET

Gartland Thomas M 4

Research Summary

AI-generated summary

Updated

ADT Director Thomas M. Gartland Receives Award (209.767 Units)

What Happened Thomas M. Gartland, a director of ADT Inc. (ADT), was granted 209.767 dividend-equivalent restricted stock units (reported as an award/acquisition) on July 7, 2026. The Form 4 reports the acquisition price as $0.00 (the award was credited rather than purchased); the filing was submitted July 9, 2026. This is an award/grant transaction, not a purchase or sale.

Key Details

  • Transaction date: July 7, 2026; Form 4 filed: July 9, 2026 (timely filing).
  • Amount: 209.767 dividend-equivalent units; reported price per unit: $0.00; total reported cash value: $0.
  • Shares owned after transaction: not disclosed in the provided filing.
  • Footnote: These are dividend equivalent units that accrued based on ADT’s closing stock price as of July 7, 2026 and vest on various dates through May 27, 2027 (see footnote F1).
  • No 10b5-1 plan, tax-withholding, or sale activity was indicated in the provided record.

Context Dividend-equivalent units are bookkeeping credits tied to future restricted stock units (RSUs); they typically convert into shares (or equivalent value) when the underlying RSUs vest. This award is a compensation-related grant to a director, not an open-market purchase or sale, and therefore should not be interpreted as a direct buy/sell signal about Gartland’s personal trading intent.