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 dividend equivalent units and indirect ownership of common stock through Sweet Yourself LLC.
Summary
- On April 4, 2024, Donald M. Young, EVP & COO of ADT Inc., reported a transaction involving the acquisition of 878 dividend equivalent units at a price of $0.
- Following the transaction, Mr. Young directly owns 207,740 shares of common stock.
- Mr. Young also indirectly owns 1,718,066.5 shares of common stock through Sweet Yourself LLC, where he is a member and manager.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting insider transactions, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Key Dates
| Date | Description |
|---|---|
| 04/04/2024 | Date of transaction: Acquisition of dividend equivalent units. |
| 04/08/2024 | Date of signature on the Form 4 filing. |
| March 1, 2026 | Latest vesting date for the dividend equivalent units. |
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