ADT ADT Inc.

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 2/4 quarters. Q1 2026: $397M, Q3 2025: $0M, Q2 2025: $0M, Q1 2025: $93M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $397M vs trailing avg $31M (+1174%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Negative FCF ($-214M), buybacks not supported by cash flow

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 45,000,000 shares = 8.0% of 753,622,044 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

6 open-market purchases by 6 insiders

• Likosar Jeffrey (Pres Corp Dev & Trans. & CFO) bought 15,000 shares at $6.75 on 2026-05-29
• Miller Kimberly (EVP, CMO & Comm. Officer) bought 3,625 shares at $6.91 on 2026-05-14
• Ahmad Fawad (EVP, Chief Oper and Cust. Off.) bought 7,500 shares at $6.75 on 2026-05-12
• Khan Omar (EVP, Chief Business Officer) bought 7,280 shares at $6.88 on 2026-05-11
• Houston Daniel Joseph () bought 36,450 shares at $6.87 on 2026-05-08
• Scott David A. (EVP, Chief People & Admin. Off) bought 7,300 shares at $6.72 on 2026-03-05

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Company buybacks in 2 quarters and 6 insider purchases by 6 insiders (no calendar overlap, but both independently active)

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $1M, sold $0M in the last 90 days (net buying)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 2241.4x more than bought