Form 4: ADT Inc. Executive Dernberger Reports Acquisition of Dividend Equivalent Units
SEC Filing
Todd Dernberger, EVP and Chief Growth Officer of ADT Inc., reports the acquisition of 233 dividend equivalent units related to restricted stock units.
Summary
- On April 10, 2025, Todd Dernberger, EVP and Chief Growth Officer of ADT Inc., acquired 233 dividend equivalent units.
- These units accrued based on the closing price per share of Common Stock as of April 3, 2025, and vest on various dates through March 8, 2027.
- The acquisition was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine transaction related to executive compensation.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The acquisition of dividend equivalent units has a minor impact on shareholders as it relates to executive compensation.
Key Dates
| Date | Description |
|---|---|
| April 3, 2025 | Date used to determine the closing price per share of Common Stock for dividend equivalent unit accrual. |
| April 10, 2025 | Date of transaction: Todd Dernberger acquired 233 dividend equivalent units. |
| April 11, 2025 | Date of Form 4 filing. |
| March 8, 2027 | Final vesting date for the related restricted stock units. |
Keywords
Form 4, dividend equivalent units, restricted stock units, ADT Inc., Todd Dernberger, beneficial ownership, securities, acquisition
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