STOCK TITAN

ADI Global Distribution (ADIG) awards stock units to top legal executive

(Neutral)
(Neutral)
Form Type
4

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

  • None.

Negative

  • None.
Insider Lane Jeannine J
Role See Remarks
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
Holdings After Transaction: Restricted Stock Units — 232,694 shares (Direct); Performance Restricted Stock Units — 55,837 shares (Direct)
Footnotes (9)
  1. F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of ADI Global Distribution Inc. (the "Issuer") common stock.
  2. 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.
  3. F3. The RSUs vest February 5, 2027.
  4. F4. The RSUs vest in equal installments on February 12, 2027 and February 12, 2028.
  5. F5. The RSUs vest in equal installments on February 13, 2027, February 13, 2028 and February 13, 2029.
  6. F6. The RSUs vest on February 12, 2028.
  7. F7. Each performance restricted stock unit ("PRSU") represents a contingent right to receive one share of the Issuer common stock.
  8. 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.
  9. 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.
RSU grant 1 130,507 units Restricted Stock Units granted August 7, 2026, vesting February 5, 2027
RSU grant 2 33,710 units Restricted Stock Units granted August 7, 2026, vesting February 12, 2027 and February 12, 2028
RSU grant 3 30,553 units Restricted Stock Units granted August 7, 2026, vesting February 13, 2027–2029
RSU grant 4 37,924 units Restricted Stock Units granted August 7, 2026, vesting February 12, 2028
PRSU grant 1 25,283 units Performance RSUs granted August 7, 2026, performance period ends December 31, 2027
PRSU grant 2 30,554 units Performance RSUs granted August 7, 2026, performance period ends December 31, 2028
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right"
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.
Performance Restricted Stock Units financial
"Each performance restricted stock unit ("PRSU") represents a contingent"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
relative total shareholder return financial
"performance criteria relating to the relative total shareholder return"
Relative total shareholder return measures how much an investor’s gain from a company — including stock price changes and dividends — beats or lags a chosen benchmark or peer group over a set time. Think of it as a race: it shows whether the company outpaced rivals or the market, which helps investors and boards judge performance, compare returns fairly, and link results to pay or investment decisions.
spin-off financial
"converted into equity awards of the Issuer in connection with the spin-off"
A spin-off happens when a company creates a new, independent business by separating part of itself, like splitting off a division into its own company. This often happens so the new company can focus better on its own goals or attract different investors. It matters because it can lead to more growth opportunities and clearer focus for both companies.

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
Learn about SEC filing dates

FAQ

What equity awards did ADIG grant to Jeannine J. Lane on August 7, 2026?

On August 7, 2026, Jeannine J. Lane received six equity awards consisting of RSUs and PRSUs. Each unit represents a contingent right to receive one share of ADI Global common stock, subject to vesting and, for PRSUs, performance conditions.

How many restricted stock units did Jeannine J. Lane receive from ADIG?

Jeannine J. Lane received RSU awards of 130,507, 33,710, 30,553 and 37,924 units. Each RSU converts into one share of common stock if the vesting conditions are satisfied over the stated schedules through 2029.

What performance restricted stock units did ADIG grant to Jeannine J. Lane?

She received PRSU awards of 25,283 and 30,554 units. These vest only if relative total shareholder return criteria are met and she remains employed through February 12, 2028 or February 13, 2029, after performance periods ending 2027 and 2028.

When do Jeannine J. Lane’s ADIG RSU grants vest?

Lane’s RSUs vest on February 5, 2027; in equal installments on February 12, 2027 and 2028; in equal installments on February 13, 2027, 2028 and 2029; and on February 12, 2028, depending on the specific grant.

Under what conditions do the ADIG performance RSUs vest for Jeannine J. Lane?

The PRSUs vest only if relative total shareholder return performance criteria are met and Lane remains employed through February 12, 2028 or February 13, 2029, with performance periods ending December 31, 2027 and December 31, 2028.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lane Jeannine J

(Last)(First)(Middle)
275 BROADHOLLOW RD
SUITE 400

(Street)
MELVILLE NEW YORK 11747

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ADI GLOBAL DISTRIBUTION INC. [ ADIG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)(2)08/07/2026A130,507 (3) (3)Common Stock130,507$0130,507D
Restricted Stock Units(1)(2)08/07/2026A33,710 (4) (4)Common Stock33,710$033,710D
Restricted Stock Units(1)(2)08/07/2026A30,553 (5) (5)Common Stock30,553$030,553D
Restricted Stock Units(1)(2)08/07/2026A37,924 (6) (6)Common Stock37,924$037,924D
Performance Restricted Stock Units(2)(7)08/07/2026AV25,283 (8) (8)Common Stock25,283$025,283D
Performance Restricted Stock Units(2)(7)08/07/2026AV30,554 (9) (9)Common Stock30,554$030,554D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of ADI Global Distribution Inc. (the "Issuer") common stock.
2. 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.
3. The RSUs vest February 5, 2027.
4. The RSUs vest in equal installments on February 12, 2027 and February 12, 2028.
5. The RSUs vest in equal installments on February 13, 2027, February 13, 2028 and February 13, 2029.
6. The RSUs vest on February 12, 2028.
7. Each performance restricted stock unit ("PRSU") represents a contingent right to receive one share of the Issuer common stock.
8. 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.
9. 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.
Remarks:
Executive Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer.
/s/ Jeannine J. Lane08/11/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)