Form 4: ADT Inc. Executive Steven Burzo Reports Acquisition of Dividend Equivalent Units
SEC Filing Form 4
Steven Burzo, VP, CAO & Controller of ADT Inc., reports acquiring 110 dividend equivalent units related to restricted stock units.
Summary
- On April 10, 2025, Steven Burzo, VP, CAO & Controller of ADT Inc., filed a Form 4 to report a transaction.
- The transaction involved the acquisition of 110 dividend equivalent units at a price of $0.
- These units are related to restricted stock units and accrued based on the closing price per share of Common Stock as of April 3, 2025.
- The dividend equivalent units vest on various dates through March 1, 2026.
- Following the reported transaction, Mr. Burzo beneficially owns 67,597 shares of ADT Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing (Form 4) detailing an executive's acquisition of dividend equivalent units. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to executive compensation and does not indicate any specific trend in the security or alarm in the industry.
Key Dates
| Date | Description |
|---|---|
| 04/03/2025 | Date used to determine the closing price per share of Common Stock for dividend equivalent units. |
| 04/10/2025 | Date of the transaction: acquisition of dividend equivalent units. |
| 04/11/2025 | Date of signature on the Form 4 filing. |
| 03/01/2026 | Latest vesting date for the restricted stock units associated with the dividend equivalent units. |
Keywords
Form 4, insider trading, dividend equivalent units, Steven Burzo, ADT Inc., securities
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