secwatch.observer — SEC 8-K summary
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Issuer:     ADT Inc. (ADT)
CIK:        0001703056
Form:       8-K
Filed at:   2022-08-17T23:59:59+00:00
Accession:  0001703056-22-000183
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ADT appoints Ken Porpora as CFO; Jeff Likosar moves to Chief Transformation Officer
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- Jeff Likosar named President, Corporate Development and Chief Transformation Officer, effective Aug. 16, 2022.
- Ken Porpora appointed EVP and CFO effective immediately; previously EVP, Finance since May 2021.
- Porpora's base salary increased to $600,000, target bonus raised to 100% of base salary.
- Porpora's annual equity grant target increased by $250,000 to $1.0 million beginning 2023.
- Porpora has spent nearly 25 years at ADT in finance, sales, marketing, and operations roles.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1703056/000170305622000183/0001703056-22-000183-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1703056/000170305622000183/adt-20220816.htm
  HTML page:      https://secwatch.observer/filing/0001703056-22-000183

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer