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ADI Global Distribution: Geldmacher sells $685K

The notice also lists nine earlier sales by Jay Geldmacher between August 14 and October 1, 2026.

(Neutral)

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Form Type
144

Rhea-AI Filing Summary

ADI Global Distribution Inc. (ADIG) is the issuer named in a Rule 144 notice reporting that Jay Geldmacher, identified as a former REZI CEO, sold 40,000 common shares on October 12, 2026, for an aggregate market value of $684,612. The notice names Morgan Stanley Smith Barney LLC as broker and lists nine earlier sales from August 14 through October 1, 2026.

Common shares sold 40,000 shares October 12, 2026
Aggregate market value $684,612.00 Sale on October 12, 2026
Shares outstanding 75,923,198 shares Listed in the securities information
Earlier sale 25,000 shares October 1, 2026
Aggregate market value $428,885.00 Earlier sale on October 1, 2026
Rule 144 regulatory
"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.
aggregate market value financial
"Aggregate market value"
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.
Restricted Stock financial
"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.

How many ADIG shares did Jay Geldmacher sell?

Jay Geldmacher sold 40,000 common shares on October 12, 2026, with an aggregate market value of $684,612. The notice identifies Morgan Stanley Smith Barney LLC as the broker for the sale.

What earlier ADIG sales does Jay Geldmacher's notice list?

The list includes 25,000 shares sold on October 1, 2026, for $428,885; 25,000 shares sold on September 11 for $520,552.50; and 29,432 shares sold on August 28 for $647,848.35.

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

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144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

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