ADT Inc. approved equity awards for Origin Wireless employees to aid retention following its acquisition of the company.
Quiver AI Summary
ADT Inc. announced that its board of directors has approved equity awards as part of its acquisition of Origin Wireless, Inc., a company specializing in AI-enabled WiFi sensing technology. The awards, totaling 8,070,357 shares of ADT common stock in restricted stock units, will go to 46 Origin employees who transitioned to ADT following the acquisition. These awards aim to retain these employees and include provisions for time-based and performance-based vesting over three years. The awards will be issued subject to specific terms and conditions in individual agreements with the recipients.
Potential Positives
- The acquisition of Origin Wireless, a company specializing in AI-enabled WiFi sensing technology, enhances ADT's technology portfolio and capabilities.
- The approval of equity awards for 46 Origin employees helps ensure key talent retention, which is crucial for the successful integration of the acquired company.
- The performance-based vesting of a portion of the equity awards aligns employee incentives with the company's long-term growth and success goals.
- This strategic move positions ADT to strengthen its market presence in smart home security and technology solutions.
Potential Negatives
- The issuance of a large number of equity awards (8,070,357 shares) may dilute existing shareholders' equity, potentially leading to shareholder dissatisfaction.
- The need for retention awards for Origin employees could imply challenges in integration and talent retention post-acquisition.
- The dependence on performance goals for part of the equity awards may raise concerns about the company's future performance and stability.
FAQ
What is the recent acquisition by ADT?
ADT has acquired Origin Wireless, Inc., a company specializing in AI-enabled WiFi sensing technology.
Why did ADT grant equity awards?
The equity awards were approved to aid in the retention of 46 employees from Origin Wireless post-acquisition.
How many shares are involved in the equity awards?
The board approved equity awards representing 8,070,357 shares of ADT common stock in restricted stock units.
What are the vesting conditions for the equity awards?
The awards are subject to time-based vesting over three years and performance goals within the same period.
Where can I find more information about ADT?
More information about ADT and its services can be found on their official website at ADT.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ADT Revenue
$ADT had revenues of $1.3B in Q3 2025. This is an increase of 4.35% from the same period in the prior year.
You can track ADT financials on Quiver Quantitative's ADT stock page.
$ADT Hedge Fund Activity
We have seen 239 institutional investors add shares of $ADT stock to their portfolio, and 270 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GHISALLO CAPITAL MANAGEMENT LLC removed 15,443,574 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $134,513,529
- AQR CAPITAL MANAGEMENT LLC added 8,778,704 shares (+24.3%) to their portfolio in Q4 2025, for an estimated $70,844,141
- WASATCH ADVISORS LP added 7,054,161 shares (+inf%) to their portfolio in Q4 2025, for an estimated $56,927,079
- PACER ADVISORS, INC. removed 6,772,704 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $54,655,721
- ZIMMER PARTNERS, LP added 4,287,435 shares (+53.1%) to their portfolio in Q4 2025, for an estimated $34,599,600
- UBS GROUP AG removed 4,239,459 shares (-66.9%) from their portfolio in Q4 2025, for an estimated $34,212,434
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 3,811,595 shares (-71.8%) from their portfolio in Q4 2025, for an estimated $30,759,571
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
BOCA RATON, Fla., Feb. 27, 2026 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT) today announced that its board of directors has approved the grant of equity awards in connection with ADT’s acquisition of Origin Wireless, Inc., a privately held company that specializes in AI-enabled WiFi sensing technology (“Origin”), in reliance on the employment inducement awards exemption under the NYSE’s Listed Company Manual Rule 303A.08.
The board approved the grant of equity awards representing 8,070,357 shares of ADT common stock in the form of restricted stock units to 46 Origin employees who became ADT employees upon the closing of the acquisition. The board approved these awards to aid in the retention of such employees. A portion of the awards is subject to time-based vesting over the next three years, and a portion is subject to time-based vesting and the achievement of certain performance goals over the three-year period following the acquisition. The awards will be issued as soon as practicable and will be subject to the terms and conditions of award agreements to be entered into between ADT and each recipient.
About ADT
ADT provides safe, smart, and sustainable solutions for people, homes, and small businesses. Through innovative offerings, unrivaled safety, and a premium customer experience—delivered by the largest network of smart home security professionals in the U.S.—ADT empowers people to protect and connect to what matters most, every second, every day. For more information, visit ADT.com.