Former REZI chief plans new ADI Global (NYSE: ADIG) stock sale

Rhea-AI Filing Summary

ADI GLOBAL DISTRIBUTION INC. (ADIG) is the issuer for a planned resale of its common stock by former REZI CEO Jay Geldmacher under Rule 144. A brokerage account at Morgan Stanley Smith Barney LLC lists 37,000 shares of common stock with an indicated value of $790,297.80. The shares relate to restricted stock originally acquired from the issuer on 02/14/2024 (12,019 shares), 02/09/2023 (12,464 shares), and 02/09/2024 (12,517 shares). The notice also reports that Geldmacher sold 82,563 shares of ADIG common stock for $1,899,926.08 on 08/14/2026.

Key Figures

Planned resale shares: 37,000 shares Indicated value of planned resale position: $790,297.80 Recent shares sold: 82,563 shares +4 more

7 metrics

Planned resale shares 37,000 shares Common stock held in Morgan Stanley Smith Barney LLC account

Indicated value of planned resale position $790,297.80 Value associated with 37,000 ADIG common shares

Recent shares sold 82,563 shares ADIG common shares sold on 08/14/2026

Proceeds from recent sale $1,899,926.08 Total for 82,563 ADIG shares sold on 08/14/2026

Restricted stock grant 1 12,019 shares Restricted stock acquired from issuer on 02/14/2024

Restricted stock grant 2 12,464 shares Restricted stock acquired from issuer on 02/09/2023

Restricted stock grant 3 12,517 shares Restricted stock acquired from issuer on 02/09/2024

Key Terms

Rule 144, restricted stock, securities to be sold, securities sold during the past 3 months

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.

restricted stock financial

"Common | 02/14/2024 | 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.

securities to be sold financial

"144: Securities To Be Sold"

securities sold during the past 3 months financial

"144: Securities Sold During The Past 3 Months"

FAQ

What stock sale is being reported for ADIG in this Form 144?

The notice reports a proposed resale of 37,000 shares of ADI Global Distribution Inc. (ADIG) common stock. These shares are held in a Morgan Stanley Smith Barney LLC account and are associated with prior restricted stock awards from the issuer.

Who is selling ADIG shares according to this Form 144 filing?

The person for whose account the ADIG shares may be sold is Jay Geldmacher, identified as a former REZI CEO. The common stock relates to restricted stock originally issued by ADI Global Distribution Inc.

What is the reported value of the ADIG shares proposed for sale?

The brokerage account entry shows 37,000 ADIG shares with an indicated value of $790,297.80. This figure reflects the value associated with the shares in the Morgan Stanley Smith Barney LLC Executive Financial Services account.

What ADIG restricted stock grants are connected to the shares in this Form 144?

The shares relate to restricted stock acquired from the issuer on three dates: 12,019 shares on 02/14/2024, 12,464 shares on 02/09/2023, and 12,517 shares on 02/09/2024. All are ADIG common stock awards from the issuer.

What recent ADIG stock sales by Jay Geldmacher are disclosed?

The notice discloses that on 08/14/2026, Jay Geldmacher sold 82,563 shares of ADIG common stock for total proceeds of $1,899,926.08. This transaction is reported as securities sold during the past three months.

On which market is ADIG common stock listed in connection with this notice?

The common stock of ADI Global Distribution Inc. referenced in the notice is associated with the NYSE. The listing information appears alongside the security description in the Rule 144 disclosure.

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

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Available on EDGAR 08/19/2026 - 05:35 PM Accepted by SEC EDGAR 08/19/2026 - 05:35 PM 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	37000	790297.80	75923198	08/19/2026	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	02/14/2024	Restricted Stock	Issuer			12019	02/14/2024	Not Applicable
Common	02/09/2023	Restricted Stock	Issuer			12464	02/09/2023	Not Applicable
Common	02/09/2024	Restricted Stock	Issuer			12517	02/09/2024	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	08/14/2026	82563	1899926.08

144: Remarks and Signature

Remarks
Date of Notice	08/19/2026
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)