ADI Global: Jay Geldmacher plans $798K share sale

ADI GLOBAL DISTRIBUTION INC.

Rhea-AI Filing Summary

ADI GLOBAL DISTRIBUTION INC. (ADIG) received a Rule 144 notice from Jay L. Geldmacher covering proposed sales of its common stock. Geldmacher plans to sell 35,000 shares of ADIG common stock through Morgan Stanley Smith Barney LLC, with an aggregate value of $798,017.50, listed on the NYSE.

The notice also lists underlying equity awards: 152 restricted stock units dated February 9, 2024 and 34,848 performance shares dated May 28, 2023. Over the prior three months, Geldmacher reported sales of 37,000 shares for $790,297.80 on August 19, 2026 and 82,563 shares for $1,899,926.08 on August 14, 2026.

Key Figures

Planned common shares to be sold: 35,000 shares Planned aggregate sale price: $798,017.50 Restricted stock units: 152 units +5 more

8 metrics

Planned common shares to be sold 35,000 shares Common stock planned sale under Rule 144

Planned aggregate sale price $798,017.50 Aggregate value of 35,000 common shares

Restricted stock units 152 units Restricted Stock dated February 9, 2024 to be sold

Performance shares 34,848 shares Performance Shares dated May 28, 2023 to be sold

Recent sale 1 share count 37,000 shares Common stock sold on August 19, 2026

Recent sale 1 proceeds $790,297.80 Aggregate proceeds from August 19, 2026 sale

Recent sale 2 share count 82,563 shares Common stock sold on August 14, 2026

Recent sale 2 proceeds $1,899,926.08 Aggregate proceeds from August 14, 2026 sale

Key Terms

Rule 144, Restricted Stock, Performance Shares, Securities To Be Sold

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 | 02/09/2024 | 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.

Performance Shares financial

"Common | 05/28/2023 | 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"

FAQ

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

What does the Form 144 filing disclose for ADIG?

The filing discloses that Jay L. Geldmacher plans to sell 35,000 shares of ADI Global Distribution Inc. (ADIG) common stock under Rule 144, with an aggregate value of $798,017.50, and reports additional recent and planned transactions in ADIG equity awards.

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

Jay L. Geldmacher plans to sell 35,000 shares of ADI Global Distribution Inc. common stock through Morgan Stanley Smith Barney LLC, with an aggregate sale price of $798,017.50, as stated in the Rule 144 notice.

What ADIG equity awards are referenced in the Form 144?

The notice identifies 152 restricted stock units dated February 9, 2024 and 34,848 performance shares dated May 28, 2023, both issued by ADI Global Distribution Inc., as securities to be sold under Rule 144.

What ADIG stock sales has Jay Geldmacher reported in the past three months?

Over the past three months, Jay L. Geldmacher reported selling 37,000 ADIG shares for $790,297.80 on August 19, 2026 and 82,563 shares for $1,899,926.08 on August 14, 2026, according to the Form 144 disclosure.

Which broker is handling the planned ADIG share sale under Rule 144?

The planned sale of 35,000 ADIG shares is to be handled by Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, New York, as disclosed in the Rule 144 filing.

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

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Available on EDGAR 08/20/2026 - 06:43 PM EDT Accepted by SEC EDGAR 08/20/2026 - 06:42 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	35000	798017.50	75923198	08/20/2026	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	02/09/2024	Restricted Stock	Issuer			152	02/09/2024	Not Applicable
Common	05/28/2023	Performance Shares	Issuer			34848	05/28/2024	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	08/19/2026	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	08/20/2026
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)