Scott David A. 4
4 · ADT Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
ADT EVP David A. Scott Buys Stock and Receives Award
What Happened David A. Scott, ADT's EVP & Chief People and Administrative Officer, made two transactions on 2026-03-05: an open-market purchase of 7,300 ADT shares at $6.72 each (total $49,056) and the acquisition of a 445,103-share derivative award reported at $0.00. The open-market purchase is a straightforward buy; the large award is a time-based equity grant that does not require cash outlay now.
Key Details
- Transaction dates: 2026-03-05 (both transactions); filing date: 2026-03-09 (filed within the 2-business-day Form 4 deadline).
- Open-market purchase: 7,300 shares @ $6.72, total = $49,056 (transaction code P).
- Award/acquisition: 445,103 shares @ $0.00 (derivative award, transaction code A).
- Shares owned after transaction: not specified in the provided filing summary.
- Footnote: The derivative award/option vests in three equal annual installments on 3/05/2027, 3/05/2028 and 3/05/2029 (Footnote F1).
Context The purchase is a direct buy of common shares (a simple bullish signal in that the insider added stock). The large award is a time-vesting equity grant (likely stock options or RSUs) that will vest over three years—these are common executive compensation and do not indicate an immediate sale. The filing was timely under Form 4 rules.
Insider Transaction Report
- Purchase
Common Stock
2026-03-05$6.72/sh+7,300$49,056→ 7,300 total - Award
Employee Stock Option (right to buy)
[F1]2026-03-05+445,103→ 445,103 totalExercise: $6.74Exp: 2036-03-05→ Common Stock (445,103 underlying)
Footnotes (1)
- [F1]The option vests in three equal annual installments on 3/05/2027, 3/05/2028 and 3/05/2029