Jay Geldmacher plans $648K ADI Global share sale

ADI GLOBAL DISTRIBUTION INC.

Rhea-AI Filing Summary

ADI GLOBAL DISTRIBUTION INC. (ADIG) received a Rule 144 notice from Jay L. Geldmacher regarding planned sales of its common stock. Geldmacher intends to sell 29,432 shares of common stock, held through Morgan Stanley Smith Barney LLC Executive Financial Services, that were issued as Performance Shares on February 13, 2026. The notice also lists multiple prior open-market sales of ADIG common stock by Geldmacher over the preceding three months, each with specified share amounts and dollar proceeds.

Key Figures

Planned shares to be sold: 29,432 shares of common stock Estimated value of planned sale position: $647,848.35 Grant date of Performance Shares: 02/13/2026 +3 more

6 metrics

Planned shares to be sold 29,432 shares of common stock Shares to be sold under Rule 144 by Jay L. Geldmacher

Estimated value of planned sale position $647,848.35 Associated with 29,432 shares held at Morgan Stanley Smith Barney LLC Executive Financial Services

Grant date of Performance Shares 02/13/2026 Performance Shares from issuer that are the source of the 29,432 shares

Sale on 08/14/2026 82,563 shares for $1,899,926.08 Common stock sold by Jay L. Geldmacher during prior three months

Sale on 08/19/2026 37,000 shares for $790,297.80 Common stock sale reported in prior three-month period

Sale on 08/25/2026 30,000 shares for $674,169.00 Most recent listed sale in the three-month history

Key Terms

Rule 144, Performance Shares, Form 144, common stock

4 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Performance Shares financial

"Common | 02/13/2026 | Performance Shares | Issuer"

Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.

Form 144 regulatory

"144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

common stock financial

"Common | Morgan Stanley Smith Barney LLC Executive Financial Services"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose about planned sales of ADIG stock?

The filing states that Jay L. Geldmacher plans to sell 29,432 shares of ADI Global Distribution Inc. common stock under Rule 144. These shares are held through Morgan Stanley Smith Barney LLC Executive Financial Services and were granted as Performance Shares on February 13, 2026.

Who is selling ADIG shares in this Form 144 notice?

The seller is Jay L. Geldmacher. The notice identifies him as the person for whose account the ADI Global Distribution Inc. securities are to be sold, with shares held through Morgan Stanley Smith Barney LLC Executive Financial Services.

How many ADIG shares has Jay Geldmacher sold in the past three months?

The notice lists several transactions: 82,563 shares on August 14, 2026; 37,000 on August 19, 2026; 35,000 on August 20, 2026; 14,292 on August 21, 2026; 35,000 on August 24, 2026; and 30,000 on August 25, 2026.

What were the dollar amounts of Jay Geldmacher’s recent ADIG stock sales?

Reported proceeds include $1,899,926.08 on August 14, 2026; $790,297.80 on August 19; $798,017.50 on August 20; $321,957.31 on August 21; $786,037.00 on August 24; and $674,169.00 on August 25, 2026.

What is the estimated value of the ADIG shares planned to be sold under this Form 144?

For the 29,432 shares of ADI Global Distribution Inc. common stock to be sold, the notice shows an associated value of about $647,848.35, tied to the position held at Morgan Stanley Smith Barney LLC Executive Financial Services.

On which exchange are the ADIG shares referenced in this Form 144 listed?

The notice identifies the common stock of ADI Global Distribution Inc. as listed on the NYSE, in connection with the planned sale of 29,432 shares held through Morgan Stanley Smith Barney LLC Executive Financial Services.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/28/2026 - 05:23 PM EDT Accepted by SEC EDGAR 08/28/2026 - 05:22 PM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001462488
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	ADI GLOBAL DISTRIBUTION INC.
SEC File Number	001-43281
Address of Issuer	275 Broadhollow Rd. Suite 400 Melville NEW YORK 11747
Phone	631-692-1000
Name of Person for Whose Account the Securities are To Be Sold	JAY GELDMACHER
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Former REZI CEO

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	29432	647848.35	75923198	08/28/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/13/2026	Performance Shares	Issuer			29432	02/13/2026	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
JAY GELDMACHER 275 Broadhollow Rd. Suite 400 Melville NY 11747	Common	08/25/2026	30000	674169.00
JAY GELDMACHER 275 Broadhollow Rd. Suite 400 Melville NY 11747	Common	08/24/2026	35000	786037.00
JAY GELDMACHER 275 Broadhollow Rd. Suite 400 Melville NY 11747	Common	08/21/2026	14292	321957.31
JAY GELDMACHER 275 Broadhollow Rd. Suite 400 Melville NY 11747	Common	08/20/2026	35000	798017.50
JAY GELDMACHER 275 Broadhollow Rd. Suite 400 Melville NY 11747	Common	08/19/2026	37000	790297.80
JAY GELDMACHER 275 Broadhollow Rd. Suite 400 Melville NY 11747	Common	08/14/2026	82563	1899926.08

144: Remarks and Signature

Remarks
Date of Notice	08/28/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Jay L Geldmacher
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)