Form 4: ADT Inc. Executive Vice President, Solar, Jamie Elizabeth Haenggi, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Jamie Elizabeth Haenggi, Executive Vice President, Solar at ADT Inc., reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 1, 2024, Jamie Elizabeth Haenggi, an Executive Vice President at ADT Inc., had 27,441 shares of common stock withheld to cover tax obligations related to vesting restricted stock units (RSUs) at a price of $7.3.
- Following this transaction, Haenggi beneficially owned 1,419,428 shares of ADT Inc. common stock.
- On March 2, 2024, an additional 14,643 shares were withheld to satisfy tax obligations due on RSUs vesting at a price of $7.3.
- After the second transaction, Haenggi's beneficial ownership decreased to 1,404,785 shares.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders are informed about changes in ownership by a company executive.
- The company's financial statements will reflect the share transactions.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | 27,441 shares withheld to satisfy tax obligations on vested RSUs. |
| 03/02/2024 | 14,643 shares withheld to satisfy tax obligations on vested RSUs. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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