STOCK TITAN
  1. Home
  2. Sec-filings
  3. ADIG
  4. [144] ADI GLOBAL DISTRIBUTION INC. SEC Filing

ADI Global (NYSE: ADIG) shareholder plans 35,000-share sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

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.

Positive

  • None.

Negative

  • None.
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
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

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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

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

Source: View Original Filing on SEC EDGAR