Form 4: ADT Inc. EVP & COO Donald M. Young Reports Acquisition of Dividend Equivalent Units
SEC Form 4 Filing
Donald M. Young, EVP & COO of ADT Inc., reports the acquisition of 804 dividend equivalent units related to restricted stock units.
Summary
- On January 9, 2025, Donald M. Young, the EVP & COO of ADT Inc., acquired 804 shares of Common Stock.
- These shares represent dividend equivalent units awarded with respect to restricted stock units.
- These dividend equivalent units vest on various dates through March 2026.
- The reporting person also indirectly owns 2,332,704.5 shares of Common Stock through Sweet Yourself LLC.
- Following the transaction, Mr. Young directly owns 210,101 shares of Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The acquisition of dividend equivalent units suggests continued alignment of executive compensation with shareholder interests.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to executive compensation and equity ownership.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 01/09/2025 | Date of transaction: Acquisition of dividend equivalent units. |
| 01/13/2025 | Date of signature on the Form 4 filing. |
| March 2026 | Dividend equivalent units vest on various dates through this month. |
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