Form 4: ADT Inc. Executive DeLu Jackson Reports Stock Transactions

EVP and Chief Marketing Officer of ADT Inc., DeLu Jackson, reports disposition of shares to cover tax obligations related to vesting restricted stock units.

Summary

• On March 1, 2024, DeLu Jackson, EVP and Chief Marketing Officer of ADT Inc., disposed of 13,880 shares of common stock at a price of $7.3 to cover withholding tax obligations due on restricted stock units (RSUs) that vested on that date.
• Following this transaction, Jackson directly owns 178,607 shares of ADT Inc.
• On March 2, 2024, DeLu Jackson, disposed of 4,872 shares of common stock at a price of $7.3 to cover withholding tax obligations due on restricted stock units (RSUs) that vested on that date.
• Following this transaction, Jackson directly owns 173,735 shares of ADT Inc.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock transactions by an executive to cover tax obligations, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like executives, buy or sell their company's stock. These filings provide transparency into the transactions of those with access to non-public information.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to tax obligations and do not represent a significant change in ownership.

Key Dates