ADI Global EVP receives converted RSU awards
ADI Global Distribution Inc. reported that Executive Vice President and Chief Merchandising Officer Marco Cardazzi received several equity awards in the form of Restricted Stock Units (RSUs) tied to the company’s common stock.
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Rhea-AI Filing Summary
ADI Global Distribution Inc. reported that Executive Vice President and Chief Merchandising Officer Marco Cardazzi received several equity awards in the form of Restricted Stock Units (RSUs) tied to the company’s common stock. The awards reflect equity previously granted by Resideo Technologies, Inc. that was converted into ADI Global Distribution equity in connection with ADI’s spin-off from Resideo.
The filing lists multiple RSU grants on August 7, 2026, each representing a contingent right to receive one share of common stock. One grant vests on February 5, 2027, another in equal installments on February 12, 2027 and February 12, 2028, and a third in equal installments on February 13, 2027, February 13, 2028 and February 13, 2029. An additional RSU position of 767 units is held indirectly through the reporting person’s spouse and vests in equal installments on July 14, 2027 and July 14, 2028.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2, F3 | 6,798 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F2, F4 | 11,327 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F2, F5 | 12,221 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F2, F6 | 767 | $0.00 | $0.00 |
Footnotes (6)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of ADI Global Distribution Inc. (the "Issuer") common stock.
- F2. Represents equity awards originally granted by Resideo Technologies, Inc. ("Resideo") that have been converted into equity awards of the Issuer in connection with the spin-off of the Issuer from Resideo.
- F3. The RSUs vest February 5, 2027.
- F4. The RSUs vest in equal installments on February 12, 2027 and February 12, 2028.
- F5. The RSUs vest in equal installments on February 13, 2027, February 13, 2028 and February 13, 2029.
- F6. The Reporting Person is the spouse of the direct owner of the RSUs, which vest in equal installments on July 14, 2027 and July 14, 2028.
Key Figures
Key Terms
Restricted Stock Units financial
spin-off financial
indirect ownership financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity awards did ADIG executive Marco Cardazzi report on this Form 4?
How are the ADIG RSUs reported by Marco Cardazzi structured?
What is the origin of the ADIG RSU awards disclosed on this Form 4?
When do the main ADIG RSU grants to Marco Cardazzi vest?
Are the ADIG RSU awards to Marco Cardazzi part of a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.