Form 4: ADT Inc. Executive Likosar Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Jeffrey Likosar, CFO of ADT Inc., reports acquisition and disposal of common stock and dividend equivalent units.
Summary
- Jeffrey Likosar, the CFO of ADT Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
- On January 9, 2025, Likosar acquired 1,231 shares of common stock through dividend equivalent units at a price of $0.
- He also disposed of 1,464,837 shares held indirectly through JSCK LLC, where he is a member and manager.
- Following these transactions, Likosar directly owns 1,166,529 shares of ADT Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their ownership of company stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the CFO's holdings in the company.
Key Dates
| Date | Description |
|---|---|
| 01/09/2025 | Date of transaction involving common stock and dividend equivalent units. |
| 01/13/2025 | Date of signature for the report. |
| March 2026 | Restricted stock units vest on various dates through March 2026. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.