Burzo Steven 4

What Happened

• Steven Burzo, ADT's Vice President, Chief Accounting Officer & Controller, was granted a derivative equity award of 166,913 shares on March 5, 2026. The Form 4 reports an acquisition at $0.00 per share (i.e., an awarded grant rather than an open‑market purchase). No sale or exercise of shares occurred in this filing.

Key Details

• Transaction date: 2026-03-05; Form 4 filed: 2026-03-09.
• Shares involved: 166,913 awarded; reported price $0.00 (award/grant).
• Shares owned after transaction: Not specified on the provided Form 4 excerpt.
• Vesting/other note: Footnote states the award (described as an option) vests in three equal annual installments on 03/05/2027, 03/05/2028 and 03/05/2029.
• Timeliness: The grant date was 3/5/2026 and the Form 4 was filed 3/9/2026. Insider reports are generally required within two business days; this filing was submitted several days after the transaction.

Context

• This was an equity award grant (derivative award with a vesting schedule), not an immediate market purchase or sale. Awards like this are common executive compensation and reflect future compensation contingent on continued service/vesting. Because the award vests over time and was not sold, it does not indicate an immediate trading signal.