ADT Inc. Elects New Directors, Announces Officer Compensation
Ticker: ADT · Form: 8-K · Filed: Aug 21, 2024 · CIK: 1703056
| Field | Detail |
|---|---|
| Company | Adt Inc. (ADT) |
| Form Type | 8-K |
| Filed Date | Aug 21, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $40 billion, $112,602.74 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-of-directors, executive-compensation, management-change
Related Tickers: ADT
TL;DR
ADT board shakeup: New directors in, old one out. Officer pay details also released.
AI Summary
ADT Inc. announced on August 20, 2024, the election of Michael G. R. M. Van Der Meer and Michael J. G. Van Der Meer as Class II directors, effective immediately. This follows the resignation of former director, Robert J. M. Van Der Meer, on the same date. The company also disclosed compensatory arrangements for certain officers.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine board changes and officer compensation disclosures, with no immediate financial or operational risks indicated.
Key Players & Entities
- ADT Inc. (company) — Registrant
- Michael G. R. M. Van Der Meer (person) — Elected Class II Director
- Michael J. G. Van Der Meer (person) — Elected Class II Director
- Robert J. M. Van Der Meer (person) — Resigned Director
- August 20, 2024 (date) — Effective date of director changes
FAQ
Who were the new directors elected to ADT Inc.'s board?
Michael G. R. M. Van Der Meer and Michael J. G. Van Der Meer were elected as Class II directors.
When were the new directors elected?
The new directors were elected effective August 20, 2024.
Who resigned from the board of directors?
Robert J. M. Van Der Meer resigned from the board of directors on August 20, 2024.
What other information was disclosed in the filing?
The filing also disclosed compensatory arrangements of certain officers.
What is the state of incorporation for ADT Inc.?
ADT Inc. is incorporated in Delaware.
Filing Stats: 800 words · 3 min read · ~3 pages · Grade level 10.2 · Accepted 2024-08-21 16:43:26
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share ADT New York Stock Exchan
- $40 billion — manager in the world with approximately $40 billion under management, and is a member of th
- $112,602.74 — appointment, which will have a value of $112,602.74. Ms. Yoon will also be a party to the C
Filing Documents
- form8-k.htm (8-K) — 28KB
- ex99-1.htm (EX-99.1) — 5KB
- image0.jpg (GRAPHIC) — 1KB
- image2.jpg (GRAPHIC) — 13KB
- 0000950157-24-001121.txt ( ) — 187KB
- adt-20240820.xsd (EX-101.SCH) — 4KB
- adt-20240820_lab.xml (EX-101.LAB) — 21KB
- adt-20240820_pre.xml (EX-101.PRE) — 16KB
- form8-k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ADT Inc. Date: August 21, 2024 By: /s/ Noah Allen Name: Noah Allen Title: Vice President, Deputy General Counsel and Assistant Secretary