---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-261887"
form_type: "8-K"
ticker: "ADT"
cik: "0001703056"
company_name: "ADT Inc."
filed_at: "2022-10-13T23:59:59+00:00"
generated_at: "2026-06-23T03:51:37.210639+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# ADT closes $1.2B equity investment by State Farm; appoints State Farm COO to board

## Summary
- Issued 133.3M shares to State Farm at $9/sh for $1.2B; proceeds to fund $9/sh tender offer for up to 133.3M shares.
- State Farm commits $300M to opportunity fund for product innovation, customer growth, and marketing; first $100M funded.
- Expects non-cash charge of $145M–$160M in Q3 2022 from fair value adjustment of tender offer liability.
- Paul Smith, State Farm EVP & COO, appointed to ADT Board as Class II director, term expiring 2025.

## SEC filing metadata
- accession: 0001193125-22-261887
- form_type: 8-K
- ticker: ADT
- cik: 0001703056
- company_name: ADT Inc.
- filed_at: 2022-10-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.02, 3.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1703056/000119312522261887/0001193125-22-261887-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1703056/000119312522261887/d386078d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-261887
- JSON: https://secwatch.observer/filing/0001193125-22-261887.json
- Plain text: https://secwatch.observer/filing/0001193125-22-261887.txt

## Key facts
- Executive change
  Paul Smith was appointed as Director at ADT Inc..
  - Action: appointed
  - Role: Director
  source text: appointed Paul Smith, Executive Vice President and Chief Operating Officer of State Farm Mutual Automobile Insurance Company, the Investor’s parent entity, as a member of the Board to serve as a Class II director
  evidence_url: https://www.sec.gov/Archives/edgar/data/1703056/000119312522261887/0001193125-22-261887-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.