Zarmi Sigal 4
Research Summary
AI-generated summary
ADT Director Zarmi Sigal Receives 150-Share Award
What Happened
Zarmi Sigal, a director of ADT Inc. (ADT), received an award of 150.194 dividend-equivalent restricted stock units on April 2, 2026. The units were reported as acquired at $0.00 (a grant/award rather than a purchase), and they vest on May 21, 2026 per the filing footnote.
Key Details
- Transaction date and terms: 2026-04-02 — 150.194 shares reported as an award at $0.00 per share.
- Filing date: Form 4 filed April 6, 2026.
- Shares owned after transaction: Not specified in this filing.
- Footnote: These are dividend equivalent units that accrued based on the closing price of ADT common stock as of April 2, 2026 and vest May 21, 2026.
- No sale or purchase (cash) occurred — this is a compensation award to a director, not a market trade.
Context
Dividend-equivalent units typically mirror the value of dividends on underlying restricted stock units and are settled as shares upon vesting; they are a form of director compensation and do not necessarily signal buying or selling intent by the insider. This Form 4 reports a grant/award (transaction code A) rather than a purchase (P) or sale (S).