Form 4: ADT Inc. Executive Jeffrey Likosar Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Jeffrey Likosar, CFO of ADT Inc., disposed of shares to cover tax obligations related to vesting restricted stock units.
Summary
- Jeffrey Likosar, the CFO of ADT Inc., reported the disposal of common stock to cover withholding tax obligations.
- On March 1, 2025, 21,129 shares were disposed of at a price of $8.19 to cover taxes related to vesting restricted stock units (RSUs).
- On March 2, 2025, an additional 20,569 shares were disposed of at a price of $8.19 to cover taxes related to vesting RSUs.
- Following these transactions, Likosar directly owns 1,124,831 shares of ADT Inc. common stock.
- Likosar also indirectly owns 1,464,837 shares through JSKC LLC, where he is a member and manager.
Sentiment
Score: 6
Explanation: The document is a routine filing related to stock transactions by an executive to cover tax obligations, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | 21,129 shares of common stock disposed of to cover withholding tax obligation due on restricted stock units (RSUs) which vested. |
| 03/02/2025 | 20,569 shares of common stock disposed of to cover withholding tax obligation due on RSUs which vested. |
| 03/04/2024 | Date of signature for the report. |
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