ADT says Apollo sold its remaining stake; ADT bought back 29.1 million shares
Apollo-affiliated entities sold 102,000,366 ADT common shares in an offering that closed May 5, 2026, and ADT bought 29,142,961 of those shares from the underwriters under its $1.5 billion repurchase plan. ADT did not receive any of the sale proceeds. Three Apollo-designated directors resigned from the board, and the board amended the bylaws to remove Apollo references, which ends Apollo's board representation.
Key points
- Apollo entities sold 102,000,366 shares; the offering and ADT's repurchase closed May 5, 2026.
- ADT repurchased 29,142,961 shares under the $1.5 billion plan announced March 2, 2026.
- Directors Reed B. Rayman, Nicole Bonsignore and Benjamin Honig resigned from the board on May 5, 2026, in connection with Apollo's share sale.
- The board approved amended and restated bylaws on May 8, 2026, removing references to Apollo and the 2018 stockholders agreement.
The filing
Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 08, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.