Zarmi Sigal 4
Research Summary
AI-generated summary
ADT Director Zarmi Sigal Receives 209.767-Share Award
What Happened
Zarmi Sigal, a director of ADT Inc. (ADT), received an award of 209.767 restricted stock units (reported as dividend equivalent units) on July 7, 2026. The units were reported at $0.00 per share (total reported acquisition value $0) and are scheduled to vest on May 27, 2027. This was a grant/award (code A) rather than a market purchase or sale.
Key Details
- Transaction date: July 7, 2026; reported acquisition price: $0.00 per share.
- Shares/units acquired: 209.767 RSUs (dividend equivalents).
- Vesting: Units vest on May 27, 2027 (see footnote F1).
- Filing date: July 9, 2026 — filed two days after the transaction; appears timely.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: F1 states these are dividend equivalent units that accrued based on the July 7, 2026 closing price and will vest on May 27, 2027.
Context
Dividend equivalent units are a form of compensation that track dividends and are paid or converted to shares when the underlying restricted stock units vest; they are not an open-market purchase and do not by themselves signal buying or selling intent. This grant reflects compensation or reward rather than an insider buying shares on the open market.