Burzo Steven 4

What Happened Steven Burzo, Vice President, Chief Accounting Officer & Controller of ADT Inc., had 5,307 shares withheld to satisfy the withholding tax on restricted stock units (RSUs) that vested on March 1, 2026. The withheld shares were valued at $8.02 each, totaling $42,562. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-01; filing date: 2026-03-03 (filed timely).
• Shares withheld/disposed: 5,307 shares at $8.02 per share; total value reported $42,562.
• Footnote: F1 — shares were withheld to satisfy the withholding tax obligation on RSUs vesting 3/01/2026.
• Shares owned after the transaction: not specified in the provided Form 4 details.
• Transaction type: tax withholding on vested RSUs (routine administrative action, code F).

Context Withholding shares to cover taxes on vested RSUs is a common administrative step and does not necessarily indicate a change in insider sentiment. Unlike open-market sales, these withheld shares were used to cover tax obligations rather than realize additional cash proceeds via a voluntary sale.