Form 4: ADT Inc. EVP & COO Donald M. Young Reports Changes in Beneficial Ownership

Donald M. Young, EVP & COO of ADT Inc., reports the withholding of shares to cover tax obligations related to vested restricted stock units.

Summary

• On March 1, 2025, Donald M. Young, EVP & COO of ADT Inc., had 14,028 common shares withheld to cover tax obligations related to vested restricted stock units at a price of $8.19 per share, resulting in a holding of 196,073 shares.
• On March 2, 2025, an additional 13,416 common shares were withheld for tax obligations related to vested RSUs at $8.19 per share, leaving a balance of 182,657 shares.
• Young also indirectly owns 2,332,704.5 common shares through Sweet Yourself LLC, where he is the sole member and manager.

Sentiment

Score: 5

Explanation: This is a neutral filing related to standard tax withholding procedures on vested stock, with no inherent positive or negative implications for the company's performance.

Industry Context

This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders to report changes in beneficial ownership, ensuring transparency and compliance with SEC regulations.
• Similar filings are made by executives at comparable companies like Johnson Controls and Honeywell, reflecting standard compensation practices involving stock-based awards.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and stock ownership.
• There is no immediate impact on employees, customers, suppliers, or creditors.

Key Dates