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?

1 open-market purchase by Scott David A.

• 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 but insufficient insider buying

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

Insiders bought $0M, 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 55575.7x more than bought