ADI Global Distribution Inc. (ADIG) director receives 5,825 deferred stock units in equity grant
Rhea-AI Filing Summary
Walker Brian Charles reported acquisition or exercise transactions in this Form 4 filing.
ADI Global Distribution Inc. reported that director Brian Charles Walker received a grant of 5,825 Deferred Restricted Stock Units (DRSUs) on August 7, 2026. Each DRSU represents a contingent right to receive one share of ADI Global Distribution Inc. common stock. The DRSUs will vest on August 7, 2027 and, once vested, will be credited to the reporting person's account and settled seven months after he terminates his service on the company’s board of directors. Following this grant, the reported DRSU holdings total 5,825 units, held directly.
Positive
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Walker Brian Charles
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units F1, F2 | 5,825 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Restricted Stock Units — 5,825 shares (Direct)
Footnotes (2)
- F1. Each deferred restricted stock unit ("DRSU") represents a contingent right to receive one share of ADI Global Distribution Inc. (the "Issuer") common stock.
- F2. The DRSUs will vest on August 7, 2027 and once vested, will be credited to the Reporting Person's account and settled seven months after the Reporting Person terminates his service on the Issuer's board of directors.
Key Figures
Deferred Restricted Stock Units granted: 5,825 units
Price per DRSU: $0.00
Underlying common shares: 5,825 shares
+2 more
5 metrics
Deferred Restricted Stock Units granted
5,825 units
Grant of DRSUs to director on August 7, 2026
Price per DRSU
$0.00
Reported transaction price per unit for the DRSU grant
Underlying common shares
5,825 shares
Each DRSU represents a right to receive one share of common stock
Vesting date
August 7, 2027
Date on which the DRSUs will vest
Settlement timing
Seven months after board service ends
Settlement schedule after termination of board service
Key Terms
Deferred Restricted Stock Units, contingent right, vest, settled
4 terms
Deferred Restricted Stock Units financial
"Each deferred restricted stock unit ("DRSU") represents a contingent right"
Deferred restricted stock units are promises by a company to give employees or executives company shares at a future date, subject to conditions like continued employment or performance targets; the delivery and tax event are intentionally delayed. They matter to investors because they affect when new shares may be issued and how executives are motivated—like a paycheck held in escrow that vests over time, influencing potential share dilution and management behavior.
contingent right financial
"represents a contingent right to receive one share of ADI Global"
vest financial
"The DRSUs will vest on August 7, 2027 and once vested, will be credited"
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.
settled financial
"and settled seven months after the Reporting Person terminates his service"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ADIG director Brian Charles Walker report?
Director Brian Charles Walker reported receiving a grant of 5,825 Deferred Restricted Stock Units tied to ADI Global Distribution Inc. common stock. This compensation-related award was recorded at a price of $0.00 per unit and is held directly.
How many Deferred Restricted Stock Units did the ADIG insider acquire?
The insider acquired 5,825 Deferred Restricted Stock Units. Each deferred restricted stock unit represents a contingent right to receive one share of ADI Global Distribution Inc. common stock after vesting and subsequent settlement conditions are met.
When do Brian Charles Walker’s ADIG Deferred Restricted Stock Units vest?
The DRSUs will vest on August 7, 2027. After vesting, the units will be credited to the reporting person’s account and will be settled seven months after he terminates his service on ADI Global Distribution Inc.’s board of directors.
What does each Deferred Restricted Stock Unit represent for ADIG?
Each Deferred Restricted Stock Unit represents a contingent right to receive one share of ADI Global Distribution Inc. common stock. Actual shares are delivered only after the units vest and the specified post-service settlement period has elapsed.
What are Brian Charles Walker’s ADIG DRSU holdings after this Form 4?
Following this grant, the reported holdings are 5,825 Deferred Restricted Stock Units, all held directly. These units are derivatives linked to ADI Global Distribution Inc. common stock and will convert into shares upon vesting and settlement.
Was the ADIG Form 4 transaction a market buy or sell?
The transaction was a grant/award acquisition of Deferred Restricted Stock Units, not a market purchase or sale. It reflects equity-based director compensation and was reported with a $0.00 transaction price per unit.