Form 4: ADT Inc. Director Tracey R. Griffin Reports Acquisition of Dividend Equivalent Units
SEC Form 4 Filing
Director Tracey R. Griffin acquired 148 dividend equivalent units of ADT Inc. on April 4, 2024, which vest on May 24, 2024.
Summary
- On April 4, 2024, Tracey R. Griffin, a director of ADT Inc., acquired 148 dividend equivalent units.
- These units were awarded with respect to restricted stock units and will vest on May 24, 2024.
- Following the transaction, Griffin directly owns 87,569 shares of ADT Inc. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports a routine transaction of dividend equivalent units.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of ADT Inc.'s directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director holdings.
Key Dates
| Date | Description |
|---|---|
| 04/04/2024 | Date of transaction: Acquisition of 148 dividend equivalent units. |
| 04/08/2024 | Date of signature on the Form 4 filing. |
| 05/24/2024 | Vesting date for the dividend equivalent units. |
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