Dernberger Todd 4

What Happened

• Todd Dernberger, Executive Vice President & Chief Growth Officer at ADT (ADT), received a derivative equity award of 445,103 share-equivalents on 2026-03-05 (reported on Form 4 filed 2026-03-09). The grant shows a $0.00 per-share price (compensation award).
• On 2026-03-08, 5,826 shares were withheld to satisfy withholding tax obligations related to RSUs that vested, leaving a net of 439,277 shares attributable to the award. No cash changed hands in the grant itself.

Key Details

• Grant date: 2026-03-05 — 445,103 derivative shares granted at $0.00 (code A: award/grant).
• Tax withholding: 2026-03-08 — 5,826 shares withheld (code F) to cover taxes on RSUs that vested (footnote F1).
• Net shares delivered to the insider (after withholding): 439,277 (445,103 − 5,826).
• Vesting note: filing footnote indicates an option vests in three equal annual installments on 3/05/2027, 3/05/2028 and 3/05/2029 (footnote F2).
• Filing: Form 4 filed 2026-03-09 for transactions on 3/05 and 3/08 — appears to be filed within the SEC’s standard reporting window.

Context

• This was a compensation award/vesting event, not an open-market purchase or sale; such grants are routine executive compensation rather than a direct bullish investment signal.
• The 5,826-share withholding is a common cashless method to satisfy taxes on vested RSUs and should not be read as a discretionary sale.
• For derivative awards, check future vesting dates (see F2) to know when additional shares may be delivered or become exercisable.