ADI Global Distribution Inc. (ADIG) awards 5,825 RSUs to board director
Rhea-AI Filing Summary
Gorjanc Christine Marie reported acquisition or exercise transactions in this Form 4 filing.
ADI Global Distribution Inc. director Christine Marie Gorjanc reported an equity compensation award. She received 5,825 Restricted Stock Units (RSUs), each representing a contingent right to receive one share of ADI Global Distribution Inc. common stock. The RSUs will vest on August 7, 2027, and following this grant she holds 5,825 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gorjanc Christine Marie
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 5,825 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 5,825 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of ADI Global Distribution Inc. (the "Issuer") common stock.
- F2. The RSUs will vest on August 7, 2027.
Key Figures
RSUs granted: 5,825 units
RSUs following transaction: 5,825 units
Vesting date: August 7, 2027
3 metrics
RSUs granted
5,825 units
Restricted Stock Units granted to director on August 7, 2026
RSUs following transaction
5,825 units
Total Restricted Stock Units held directly after the grant
Vesting date
August 7, 2027
Vesting date for the 5,825 Restricted Stock Units
Key Terms
Restricted Stock Units, contingent right, vest
3 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents a contingent right to receive one share of ADI Global Distribution Inc."
vest financial
"The RSUs will vest on August 7, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did ADIG director Christine Marie Gorjanc report on this Form 4?
Christine Marie Gorjanc reported a grant of 5,825 Restricted Stock Units (RSUs) tied to ADI Global Distribution Inc. common stock. This is an equity compensation award, not an open-market purchase or sale of shares.
How many ADIG RSUs were granted to Christine Marie Gorjanc?
She was granted 5,825 RSUs. Each RSU represents a contingent right to receive one share of ADI Global Distribution Inc. common stock, subject to vesting conditions described in the award.
When do Christine Marie Gorjanc’s ADIG RSUs vest?
The RSUs will vest on August 7, 2027. On that date, subject to the award terms, each vested RSU entitles her to receive one share of ADI Global Distribution Inc. common stock.
Is the Form 4 transaction for ADIG a purchase or sale of stock?
No. The Form 4 for ADIG reports a grant/award acquisition of RSUs, not a market purchase or sale. It reflects equity compensation rather than trading activity in the open market.
What is Christine Marie Gorjanc’s ADIG RSU balance after this grant?
Following the grant, she holds 5,825 Restricted Stock Units directly. These units relate to ADI Global Distribution Inc. common stock and will vest on August 7, 2027, under the award’s terms.