Form 4: ADT Executive Likosar Increases Stock Holdings

Jeffrey Likosar, ADT's President of Corporate Development and CFO, reported an increase in his beneficial ownership of common stock through dividend equivalent units.

Summary

• Jeffrey Likosar, President of Corporate Development & Transactions and CFO of ADT Inc., reported changes in his beneficial ownership of ADT common stock.
• On January 8, 2026, Likosar acquired 362.673 shares of Common Stock in the form of dividend equivalent units.
• These units accrued in accordance with the terms of restricted stock units and are scheduled to vest on March 1, 2026.
• The acquisition price for these dividend equivalent units was $0.
• Following this transaction, Likosar directly beneficially owns 629,914.692 shares of Common Stock.
• He also indirectly beneficially owns 1,899,274 shares through JSKC LLC and 575,280 shares through MTCF LLC, entities where he is a member and manager.

Sentiment

Score: 6

Explanation: Slightly positive. An executive increasing their beneficial ownership, even through routine compensation, can be seen as a minor positive signal of alignment with shareholder interests and confidence in the company.

Positives

• Increased beneficial ownership by a key executive (Jeffrey Likosar) through dividend equivalent units, which can signal confidence in the company's performance and alignment with shareholder interests.
• The acquisition of shares at a $0 price indicates these are part of a compensation or dividend plan, enhancing executive incentives.

Negatives

• No negative aspects are apparent from this routine insider transaction filing.

Risks

• No specific risks are mentioned or implied by this particular Form 4 filing.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance or strategic direction, focusing solely on an insider's beneficial ownership changes.

Industry Context

This Form 4 filing reports a routine insider transaction related to executive compensation. It does not provide information that directly relates to broader industry trends or competitive landscape analysis within the security services sector.

Comparison to Industry Standards

• This filing is a standard disclosure of an insider transaction (Form 4) and does not contain information suitable for comparison to global benchmarks, specific comparable companies, projects, or results.

Related Party Transactions

• Jeffrey Likosar indirectly holds shares through JSKC LLC and MTCF LLC, entities of which he is a member and manager. These are considered related parties for reporting beneficial ownership.

Stakeholder Impact

• Shareholders: The increase in an executive's beneficial ownership, even through routine compensation, can be viewed as a positive signal of management's alignment with shareholder interests.
• Employees: No direct impact on general employees is indicated by this filing.
• Customers: No direct impact on customers is indicated by this filing.
• Suppliers: No direct impact on suppliers is indicated by this filing.
• Creditors: No direct impact on creditors is indicated by this filing.

Next Steps

• The acquired dividend equivalent units are scheduled to vest on March 1, 2026.

Key Dates

Keywords

ADT Inc., ADT, Jeffrey Likosar, Form 4, Insider transaction, Beneficial ownership, Dividend equivalent units, Executive compensation, Common Stock