Ahmad Fawad 4
Research Summary
AI-generated summary
ADT (ADT) EVP Ahmad Fawad Receives 2,643.944-Share Award
What Happened
- Ahmad Fawad, Executive Vice President and Chief Operating & Customer Officer of ADT Inc., was granted/credited 2,643.944 shares (transaction code A) on April 2, 2026. The reported acquisition price is $0.00 (total $0), indicating these are award/dividend-equivalent units rather than a cash purchase.
Key Details
- Transaction date: April 2, 2026; Filing date: April 6, 2026 (filed within the two-business-day Form 4 window).
- Reported shares acquired: 2,643.944 units at $0.00 per unit (total reported value $0).
- Shares owned after the transaction: not specified in the provided filing.
- Footnote: These units are dividend equivalent units that accrued under restricted stock unit (RSU) terms based on ADT’s closing share price on April 2, 2026; they vest on various dates through May 1, 2028.
- Transaction type: Award/Grant (A) — not an open-market purchase or sale.
Context
- Dividend-equivalent units generally represent value credited in connection with RSUs and typically convert to shares (or cash) as the underlying RSUs vest; they do not necessarily reflect a purchase or sale decision by the insider. This filing is informational about compensation-related awards rather than an investment by the insider.