secwatch.observer — SEC 8-K summary
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Issuer:     ADT Inc. (ADT)
CIK:        0001703056
Form:       8-K
Filed at:   2022-12-16T23:59:59+00:00
Accession:  0001703056-22-000228
Event type: leadership
Sentiment:  negative
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

ADT CRO Keith Holmes departs Dec. 16; accelerated vesting, bonus, extended non-compete
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- EVP & Chief Revenue Officer Keith Holmes leaves ADT effective Dec. 16, 2022.
- Separation agreement accelerates vesting of 58,920 shares plus 3,049 dividend equivalent units from July 2021 grant.
- Mr. Holmes to receive 2022 cash bonus at no less than target amount.
- Post-employment non-competition period extended to 18 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1703056/000170305622000228/0001703056-22-000228-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1703056/000170305622000228/adt-20221215.htm
  HTML page:      https://secwatch.observer/filing/0001703056-22-000228

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