Likosar Jeffrey 4
4 · ADT Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
ADT CFO Jeffrey Likosar Receives Equity Award
What Happened Jeffrey Likosar, President of Corporate Development & Transformation and Chief Financial Officer of ADT Inc., received a grant of 1,112,759 derivative shares (award) on 2026-03-05. The award was granted at $0.00 per share (no cash paid) and reported on a Form 4 filed 2026-03-09. The filing reports this as an equity award/derivative acquisition rather than a market purchase or sale.
Key Details
- Transaction date: 2026-03-05; Filing date: 2026-03-09 (appears timely under the two-business-day Form 4 rule).
- Amount: 1,112,759 derivative shares granted at $0.00 (total cash paid = $0).
- Vesting: Vests in three equal annual installments on 2027-03-05, 2028-03-05 and 2029-03-05 (see footnote).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: Vesting schedule described above; no indication of immediate sale or tax-withholding reported in the provided data.
Context This was a grant of derivative equity (an award) rather than an open-market purchase or sale. Such awards typically tie compensation to future service or performance and do not represent an immediate change in market holdings unless/until vested and converted to shares. The filing contains no evidence the shares were sold or that the transaction was part of a 10b5-1 plan.
Insider Transaction Report
- Award
Employee Stock Option (right to buy)
[F1]2026-03-05+1,112,759→ 1,112,759 totalExercise: $6.74Exp: 2036-03-05→ Common Stock (1,112,759 underlying)
Footnotes (1)
- [F1]The option vests in three equal annual installments on 3/05/2027, 3/05/2028 and 3/05/2029