ADI Global Distribution (ADIG) awards stock units to top legal executive
Rhea-AI Filing Summary
ADI Global Distribution Inc. reported equity compensation grants to executive Jeannine J. Lane, who serves as Executive Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer. On August 7, 2026 she received multiple awards of restricted stock units (RSUs) and performance restricted stock units (PRSUs), each representing a contingent right to receive one share of common stock. Several RSU awards converted from prior Resideo Technologies, Inc. grants in connection with ADI Global’s spin-off, with vesting schedules running from February 2027 through February 2029. The PRSUs vest based on relative total shareholder return performance criteria and continued employment through February 12, 2028 or February 13, 2029, with performance periods ending December 31, 2027 and December 31, 2028 respectively.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2, F3 | 130,507 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F2, F4 | 33,710 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F2, F5 | 30,553 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F2, F6 | 37,924 | $0.00 | $0.00 |
| Grant/Award | Performance Restricted Stock Units F2, F7, F8 | 25,283 | $0.00 | $0.00 |
| Grant/Award | Performance Restricted Stock Units F2, F7, F9 | 30,554 | $0.00 | $0.00 |
Footnotes (9)
- 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 RSUs vest on February 12, 2028.
- F7. Each performance restricted stock unit ("PRSU") represents a contingent right to receive one share of the Issuer common stock.
- F8. The PRSUs vest when (i) performance criteria relating to the relative total shareholder return of the Issuer common stock are met and (ii) the Reporting Person is employed by the Issuer on February 12, 2028. The performance period ends December 31, 2027.
- F9. The PRSUs vest when (i) performance criteria relating to the relative total shareholder return of the Issuer common stock are met and (ii) the Reporting Person is employed by the Issuer on February 13, 2029. The performance period ends December 31, 2028.
Key Figures
Key Terms
Restricted Stock Units financial
Performance Restricted Stock Units financial
spin-off financial
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