Miller Kimberly 4
4 · ADT Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
ADT (ADT) EVP Kimberly Miller Receives Equity Award
What Happened Kimberly Miller, EVP, Chief Marketing & Communications Officer at ADT, received two equity awards on March 5, 2026: 51,928 restricted stock units (RSUs) and a 445,103-share derivative award (reported as acquired at $0). These were grants/awards (transaction code A) reported on a Form 4; the filing shows $0 cash paid for the awards because they are compensation grants, not open-market purchases.
Key Details
- Transaction date: 2026-03-05; Form 4 filed 2026-03-09 (filed 4 days after the transaction — appears late vs. the usual 2-business-day Form 4 deadline).
- Awards: 51,928 RSUs @ $0; 445,103 derivative award @ $0 (both reported as acquisitions).
- Vesting notes: F1 — the RSUs vest in equal installments on 3/05/2027, 3/05/2028 and 3/05/2029. F2 — the derivative award (option) vests in three equal annual installments on the same dates.
- Shares owned after the transaction: Not specified in the filing.
- Transaction code: A = Award/Grant.
Context These awards are compensation tied to Ms. Miller’s offer letter and the company’s equity award policy; they vest over three years. Because these are granted awards (not purchases or sales), they reflect compensation structure rather than a direct insider market bet. The late filing is an administrative detail investors may note but does not by itself indicate trading intent.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-05+51,928→ 51,928 total - Award
Employee Stock Option (right to buy)
[F2]2026-03-05+445,103→ 445,103 totalExercise: $6.74Exp: 2036-03-05→ Common Stock (445,103 underlying)
Footnotes (2)
- [F1]Restricted Stock Units which vest in equal increments on March 5, 2027, March 5, 2028, and March 5, 2029, granted in accordance with the terms of Ms. Miller's offer letter and pursuant to the terms of the Company's Policy and Procedures for Granting Equity-Based Awards.
- [F2]The option vests in three equal annual installments on 3/05/2027, 3/05/2028 and 3/05/2029