Form 4: ADT Inc. Executive Wayne Thorsen Reports Changes in Beneficial Ownership
SEC Form 4 Filing
EVP and Chief Business Officer of ADT Inc., Wayne Thorsen, reports acquisition and disposal of common stock and dividend equivalent units.
Summary
- On October 4, 2024, Wayne Thorsen, EVP and Chief Business Officer of ADT Inc., reported changes in beneficial ownership.
- Thorsen acquired 2,333 shares of common stock at $0.
- Thorsen disposed of 412,169 shares of common stock.
- The filing also mentions dividend equivalent units awarded with respect to restricted stock units, vesting through March 1, 2026.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing changes in beneficial ownership, with no inherent positive or negative sentiment.
Future Outlook
The dividend equivalent units vest on various dates through March 1, 2026.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 10/04/2024 | Date of transaction involving common stock and dividend equivalent units. |
| 10/08/2024 | Date of signature for the Form 4 filing. |
| March 1, 2026 | Latest vesting date for dividend equivalent units. |
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