Miller Kimberly 4

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.