Smail David W 4
4 · ADT Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
ADT EVP David W. Smail Receives Equity Award (556,379 Shares)
What Happened
- David W. Smail, Executive Vice President, Chief Legal Officer and Secretary of ADT Inc., was granted a derivative equity award on March 5, 2026 for 556,379 shares. The grant is reported at an acquisition price of $0.00 (code A — Grant/Award). No cash was paid on grant; the award is subject to vesting.
Key Details
- Transaction date: 2026-03-05; Form filed: 2026-03-09 (timely — within required business-day window).
- Award size: 556,379 shares; reported acquisition price: $0.00; total reported value: $0.
- Vesting: the award (an option per the footnote) vests in three equal annual installments on 03/05/2027, 03/05/2028 and 03/05/2029.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Filing accession: 0001649770-26-000006.
Context
- This is a grant of a derivative equity award (an option) rather than an open-market purchase or sale; the option must vest before any underlying shares can be acquired or sold. Such grants are a common part of executive compensation and do not by themselves indicate immediate buying or selling of stock.
Insider Transaction Report
Form 4
ADT Inc.ADT
Smail David W
EVP, CLO and Secretary
Transactions
- Award
Employee Stock Option (right to buy)
[F1]2026-03-05+556,379→ 556,379 totalExercise: $6.74Exp: 2036-03-05→ Common Stock (556,379 underlying)
Footnotes (1)
- [F1]The option vests in three equal annual installments on 3/05/2027, 3/05/2028 and 3/05/2029
Signature
/s/MaryJon Donnelly, attorney-in-fact|2026-03-09