ADI Global insider plans sale of 321,957 shares

ADI GLOBAL DISTRIBUTION INC.

Rhea-AI Filing Summary

ADI GLOBAL DISTRIBUTION INC. (ADIG) insider Jay Geldmacher filed a Rule 144 notice to sell common stock. The notice lists up to 321,957.31 common shares to be sold through Morgan Stanley Smith Barney LLC. Over the prior three months, Geldmacher sold 154,563 shares of ADIG common stock for total proceeds of about $3.49 million.

Key Figures

Shares planned for sale: 321,957.31 shares of common stock Shares sold 08/20/2026: 35,000 shares Proceeds 08/20/2026: $798,017.50 +5 more

8 metrics

Shares planned for sale 321,957.31 shares of common stock Number of ADIG common shares listed to be sold through Morgan Stanley Smith Barney LLC

Shares sold 08/20/2026 35,000 shares ADIG common stock sold by Jay Geldmacher on 08/20/2026

Proceeds 08/20/2026 $798,017.50 Gross proceeds from 35,000 ADIG shares sold on 08/20/2026

Shares sold 08/19/2026 37,000 shares ADIG common stock sold by Jay Geldmacher on 08/19/2026

Proceeds 08/19/2026 $790,297.80 Gross proceeds from 37,000 ADIG shares sold on 08/19/2026

Shares sold 08/14/2026 82,563 shares ADIG common stock sold by Jay Geldmacher on 08/14/2026

Proceeds 08/14/2026 $1,899,926.08 Gross proceeds from 82,563 ADIG shares sold on 08/14/2026

Equity awards acquired 7,056 Performance Shares; 7,236 Restricted Stock ADIG common stock awards acquired by Jay Geldmacher on 05/28/2023

Key Terms

Rule 144, Performance Shares, Restricted Stock

3 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 | 05/28/2023 | 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.

Restricted Stock financial

"Common | 05/28/2023 | Restricted Stock | Issuer"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

FAQ

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

What did ADIG insider Jay Geldmacher file in this Form 144?

Jay Geldmacher filed a Rule 144 notice covering proposed sales of ADI GLOBAL DISTRIBUTION INC. (ADIG) common stock, indicating his intent to sell shares through Morgan Stanley Smith Barney LLC in compliance with Rule 144 resale requirements.

How many ADIG shares are covered by Jay Geldmacher’s planned Rule 144 sale?

The Form 144 lists up to 321,957.31 shares of ADIG common stock to be sold through Morgan Stanley Smith Barney LLC, as disclosed in the securities information section of the notice.

How many ADIG shares did Jay Geldmacher sell in the past three months?

Over the past three months, Jay Geldmacher sold a total of 154,563 ADIG common shares: 35,000 shares on 08/20/2026, 37,000 shares on 08/19/2026, and 82,563 shares on 08/14/2026.

What were the proceeds from Jay Geldmacher’s recent ADIG share sales?

Reported gross proceeds total about $3,489,241.38, including $798,017.50 on 08/20/2026, $790,297.80 on 08/19/2026, and $1,899,926.08 on 08/14/2026 from sales of ADIG common stock.

What types of equity awards are disclosed for Jay Geldmacher in the ADIG Form 144?

The notice lists acquisitions of 7,056 Performance Shares and 7,236 Restricted Stock of ADIG common stock, each acquired on 05/28/2023 from the issuer, with payment described as Not Applicable.

Who is the broker handling Jay Geldmacher’s planned ADIG share sales?

The Form 144 identifies Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, New York, as the broker for Jay Geldmacher’s planned sales of ADIG common stock.

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

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Available on EDGAR 08/21/2026 - 06:56 PM EDT Accepted by SEC EDGAR 08/21/2026 - 06:55 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	14292	321957.31	75923198	08/21/2026	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	05/28/2023	Performance Shares	Issuer			7056	05/28/2023	Not Applicable
Common	05/28/2023	Restricted Stock	Issuer			7236	05/28/2023	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	08/20/2026	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	08/21/2026
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)