ADT Inc. (NYSE: ADT) announced the pricing of a secondary public offering of 102,000,366 shares of common stock. All shares are being sold by entities managed by affiliates of Apollo Global Management Inc., representing all remaining shares owned by the selling stockholders.

The offering is expected to close on May 5, 2026, subject to customary conditions. ADT will not sell any shares and will not receive proceeds from the offering.

ADT agreed to purchase 29,142,961 shares from the underwriters at the same price paid to the selling stockholders as part of the secondary offering. The share repurchase will be conducted under the company's existing $1.5 billion share repurchase plan. The underwriters will not receive underwriting fees for shares being repurchased by ADT.

Barclays, Citigroup, Morgan Stanley, Goldman Sachs and BTIG are serving as book-running managers for the offering. The underwriters may offer the shares through various methods including transactions on the New York Stock Exchange, over-the-counter market, through negotiated transactions or combinations of such methods.

A shelf registration statement and preliminary prospectus supplement relating to the offering have been filed with the Securities and Exchange Commission. The registration statement is effective.

ADT provides security, interactive and smart home solutions to residential and small business customers in the United States.