Dernberger Todd 4
4 · ADT Inc. · Filed Jul 9, 2026
Research Summary
AI-generated summary of this filing
ADT EVP Todd Dernberger Receives Award of 100.193 Shares
What Happened
Todd Dernberger, Executive Vice President & Chief Growth Officer of ADT Inc., was credited with 100.193 shares on July 7, 2026 as an award/acquisition (reported at $0.00 per share). The transaction is recorded as dividend-equivalent units tied to restricted stock units; the reported acquisition price was $0.00 (report value $0).
Key Details
- Transaction date and price: 2026-07-07; 100.193 shares acquired at $0.00 per share (total value reported $0).
- Vesting/conditions: These are dividend-equivalent units that accrued based on ADT’s closing price as of July 7, 2026 and vest on March 8, 2027 (per filing footnote).
- Shares owned after transaction: Not specified in the filing.
- Filing date/timeliness: Form 4 filed 2026-07-09 (two days after the reported transaction); Form 4s are generally required within two business days.
Context
Dividend-equivalent units are an accrual tied to existing restricted stock units and typically convert to shares (or are settled) only upon vesting; they are compensation-related rather than an open-market purchase or sale. Such awards are common for executive compensation and do not by themselves indicate a buy/sell signal from the insider.
Insider Transaction Report
- Award
Common Stock
[F1]2026-07-07+100.193→ 45,494.353 total
Footnotes (1)
- [F1]Represents dividend equivalent units, which accrued in accordance with the terms of the restricted stock units based on the closing price per share of common stock as of July 7, 2026, and which vest on March 8, 2027.