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

Rhea-AI Filing Summary

ADI GLOBAL DISTRIBUTION INC. (ADIG) is the issuer of common stock that former REZI CEO Jay Geldmacher has notified for sale under Rule 144. The notice covers a proposed sale of 35,000 common shares through Morgan Stanley Smith Barney, with an indicated value of $786,037.00 as of the planned 08/24/2026 sale date.

The shares to be sold include 6,173 restricted stock shares granted 05/28/2023 and 28,827 performance shares granted 02/13/2026. In the past three months, Geldmacher has already sold multiple ADIG common-share blocks, including 82,563 shares on 08/14/2026 for $1,899,926.08.

Key Figures

Proposed shares to be sold: 35,000 shares of common stock Indicated value of proposed sale: $786,037.00 Restricted Stock shares to be sold: 6,173 shares +5 more

8 metrics

Proposed shares to be sold 35,000 shares of common stock Planned Rule 144 sale through Morgan Stanley Smith Barney on 08/24/2026

Indicated value of proposed sale $786,037.00 Aggregate market value for 35,000 ADIG common shares in the proposed sale

Restricted Stock shares to be sold 6,173 shares Restricted Stock granted on 05/28/2023 to be sold under Rule 144

Performance Shares to be sold 28,827 shares Performance Shares granted on 02/13/2026 to be sold under Rule 144

Sale on 08/14/2026 82,563 shares; $1,899,926.08 Common stock sold by Jay Geldmacher during the past three months

Sale on 08/19/2026 37,000 shares; $790,297.80 Common stock sold by Jay Geldmacher during the past three months

Sale on 08/20/2026 35,000 shares; $798,017.50 Common stock sold by Jay Geldmacher during the past three months

Sale on 08/21/2026 14,292 shares; $321,957.31 Common stock sold by Jay Geldmacher during the past three months

Key Terms

Rule 144, Restricted Stock, Performance Shares, aggregate market value

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 | 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.

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.

aggregate market value financial

"Common | Morgan Stanley ... | 35000 | 786037.00 |"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

How many ADIG shares are proposed to be sold in this Rule 144 notice?

The notice covers a proposed sale of 35,000 shares of ADI GLOBAL DISTRIBUTION INC. (ADIG) common stock through Morgan Stanley Smith Barney, with an indicated value of $786,037.00 as of the planned 08/24/2026 sale date.

What types of ADIG equity awards are underlying the planned Rule 144 sale?

The planned sale relates to 6,173 shares of Restricted Stock granted 05/28/2023 and 28,827 shares of Performance Shares granted 02/13/2026, all in ADI GLOBAL DISTRIBUTION INC. common stock.

What ADIG share sales has Jay Geldmacher made in the last three months?

Reported ADIG sales include 82,563 shares on 08/14/2026 for $1,899,926.08, 37,000 shares on 08/19/2026 for $790,297.80, 35,000 shares on 08/20/2026 for $798,017.50, and 14,292 shares on 08/21/2026 for $321,957.31.

Who is the selling security holder in this ADIG Rule 144 notice?

The selling security holder is Jay Geldmacher, identified as a former REZI CEO, providing notice of proposed sales of ADI GLOBAL DISTRIBUTION INC. (ADIG) common stock under Rule 144.

Which broker is handling the proposed ADIG share sale?

The proposed sale of 35,000 ADIG common shares is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, listed with an address at 1 New York Plaza, New York, NY.

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

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Available on EDGAR 08/24/2026 - 05:14 PM Accepted by SEC EDGAR 08/24/2026 - 05:13 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	35000	786037.00	75923198	08/24/2026	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	Restricted Stock	Issuer			6173	05/28/2023	Not Applicable
Common	02/13/2026	Performance Shares	Issuer			28827	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	08/21/2026	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	08/24/2026
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)