ADI Global: Jay Geldmacher plans $521K sale

A former executive shareholder has filed a Rule 144 notice to sell 25,000 ADI Global Distribution common shares, following several sizable sales in the prior three months.

Available on EDGAR 09/11/2026 - 04:50 PM EDT Accepted by SEC EDGAR 09/11/2026 - 04:49 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

ADI GLOBAL DISTRIBUTION INC. (ADIG) is the issuer of common stock that JAY GELDMACHER plans to sell under Rule 144. The notice covers a proposed sale of 25,000 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $520,552.50 on the pricing date.

The notice also lists multiple prior sales of ADIG common stock by the same person during the preceding three months, each with the number of shares and total proceeds reported.

Key Figures

Planned shares to be sold: 25,000 shares Aggregate market value of planned sale: $520,552.50 Sale on August 28, 2026: 29,432 shares; $647,848.35 +3 more

6 metrics

Planned shares to be sold 25,000 shares Common stock of ADI Global Distribution Inc. in the Rule 144 notice

Aggregate market value of planned sale $520,552.50 Reported value for the 25,000 ADIG shares to be sold

Sale on August 28, 2026 29,432 shares; $647,848.35 Common stock sale by JAY GELDMACHER during the past 3 months

Sale on August 25, 2026 30,000 shares; $674,169.00 Common stock sale by JAY GELDMACHER during the past 3 months

Sale on August 24, 2026 35,000 shares; $786,037.00 Common stock sale by JAY GELDMACHER during the past 3 months

Largest single recent sale 82,563 shares; $1,899,926.08 Common stock sale on August 14, 2026 reported in the past 3 months table

Key Terms

Rule 144, Performance Shares, 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.

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.

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

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

What does the Form 144 filing mean for ADIG shareholders?

The notice reports that a shareholder, JAY GELDMACHER, plans to sell 25,000 shares of ADI Global Distribution common stock under Rule 144. It also discloses several sales of ADIG common shares by the same person during the prior three months.

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

The notice covers a proposed sale of 25,000 shares of ADI Global Distribution common stock. The reported aggregate market value for these shares is $520,552.50 based on pricing information included in the document.

What prior ADIG stock sales did JAY GELDMACHER report in the last 3 months?

The notice lists seven prior ADIG common stock sales between August 14, 2026 and August 28, 2026, with individual transactions of 14,292–82,563 shares and reported total proceeds per trade ranging from about $321,957.31 to $1,899,926.08.

What type of ADIG securities are covered in this Form 144?

The notice relates to common stock of ADI Global Distribution Inc. It also identifies the securities to be sold as Performance Shares that were acquired from the issuer, with 25,000 shares referenced in that section.

Which broker is named for the planned ADIG share sale?

The planned Rule 144 sale of 25,000 ADIG common shares is associated with Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, New York, as the brokerage firm handling the transaction.

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

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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	25000	520552.50	75923198	09/11/2026	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			25000	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	08/28/2026	29432	647848.35
JAY GELDMACHER 275 Broadhollow Rd. Suite 400 Melville NY 11747	Common	08/25/2026	30000	674169.00
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	09/11/2026
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)