ADI Global: ex-REZI CEO plans $674K share sale

Rhea-AI Filing Summary

ADI Global Distribution Inc. (symbol ADIG) received a Rule 144 notice from former REZI CEO Jay Geldmacher covering a proposed sale of 30,000 common shares through Morgan Stanley Smith Barney, with an aggregate market value of $674,169.00 and listing on the NYSE. These shares relate to Performance Shares acquired from the issuer on 02/13/2026. The notice also lists prior open-market sales by Geldmacher over the past three months, including 82,563 shares of common stock sold on 08/14/2026 for $1,899,926.08 and several additional sales in August 2026.

Key Figures

Shares to be sold: 30,000 shares Aggregate market value of planned sale: $674,169.00 Shares acquired as Performance Shares: 30,000 shares +5 more

8 metrics

Shares to be sold 30,000 shares Common stock covered by the Rule 144 notice

Aggregate market value of planned sale $674,169.00 Value of 30,000 common shares to be sold

Shares acquired as Performance Shares 30,000 shares Performance Shares acquired from issuer on 02/13/2026

Sale on 08/14/2026 82,563 shares for $1,899,926.08 Common stock sold by Jay Geldmacher during prior 3 months

Sale on 08/19/2026 37,000 shares for $790,297.80 Common stock sold by Jay Geldmacher during prior 3 months

Sale on 08/20/2026 35,000 shares for $798,017.50 Common stock sold by Jay Geldmacher during prior 3 months

Sale on 08/21/2026 14,292 shares for $321,957.31 Common stock sold by Jay Geldmacher during prior 3 months

Sale on 08/24/2026 35,000 shares for $786,037.00 Common stock sold by Jay Geldmacher during prior 3 months

Key Terms

Rule 144, Performance Shares, aggregate market value

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 | 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

"30000 | 674169.00 | 75923198 | 08/25/2026 | NYSE"

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

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

What does Jay Geldmacher's Form 144 filing for ADIG disclose?

It discloses a planned Rule 144 sale of 30,000 ADIG common shares by Jay Geldmacher, with an aggregate market value of $674,169.00, plus a list of several prior open-market sales of ADIG shares during the preceding three months.

How many ADIG shares does Jay Geldmacher plan to sell under this Form 144?

Jay Geldmacher plans to sell 30,000 shares of ADI Global Distribution Inc. common stock. The notice states an aggregate market value for these shares of $674,169.00 and identifies Morgan Stanley Smith Barney as the broker.

What is the value of the ADIG shares covered by the new Form 144 notice?

The Form 144 notice states that the 30,000 ADIG common shares to be sold have an aggregate market value of $674,169.00. This value is based on market pricing as of the time indicated in the notice.

What prior ADIG share sales by Jay Geldmacher are reported in the last 3 months?

The notice lists several prior sales, including 82,563 shares on 08/14/2026 for $1,899,926.08, 37,000 shares on 08/19/2026 for $790,297.80, and 35,000 shares on 08/20/2026 for $798,017.50, among others.

When were the ADIG performance shares underlying the Form 144 acquired?

The Form 144 indicates the 30,000 shares were acquired as Performance Shares from the issuer on 02/13/2026. The same date, 02/13/2026, is listed as the date of payment, with the nature of payment described as not applicable.

Which broker is handling Jay Geldmacher's planned sale of ADIG shares?

The planned sale of 30,000 ADIG common shares is to be handled by Morgan Stanley Smith Barney LLC, Executive Financial Services, at 1 New York Plaza, New York. The shares are listed for trading on the NYSE.

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

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Available on EDGAR 08/25/2026 - 04:53 PM EDT Accepted by SEC EDGAR 08/25/2026 - 04:53 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	30000	674169.00	75923198	08/25/2026	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			30000	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	08/24/2026	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	08/25/2026
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)