ADI Global Distribution (ADIG) COO granted multiple converted RSU awards
Rhea-AI Filing Summary
ADI Global Distribution Inc. reported that Executive Vice President and Chief Operating Officer Alicia Crispin Copeland received four equity awards of Restricted Stock Units (RSUs), each representing a contingent right to one share of common stock. The awards, originally granted by Resideo Technologies, Inc. and converted in connection with ADI Global Distribution’s spin-off, cover 7,113; 15,731; 18,052; and 15,276 underlying common shares. Vesting occurs on fixed future dates between February 5, 2027 and February 13, 2029, in single or equal annual installments as specified for each grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Copeland Alicia Crispin
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2, F3 | 7,113 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F2, F4 | 15,731 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F2, F5 | 18,052 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F2, F6 | 15,276 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 56,172 shares (Direct)
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 July 31, 2027 and July 31, 2028.
- F6. The RSUs vest in equal installments on February 13, 2027, February 13, 2028 and February 13, 2029.
Key Figures
RSU grant 1 shares: 7,113 RSUs
RSU grant 2 shares: 15,731 RSUs
RSU grant 3 shares: 18,052 RSUs
+2 more
5 metrics
RSU grant 1 shares
7,113 RSUs
Restricted Stock Units granted August 7, 2026, vesting February 5, 2027
RSU grant 2 shares
15,731 RSUs
Restricted Stock Units granted August 7, 2026, vesting in equal installments February 12, 2027 and 2028
RSU grant 3 shares
18,052 RSUs
Restricted Stock Units granted August 7, 2026, vesting in equal installments July 31, 2027 and 2028
RSU grant 4 shares
15,276 RSUs
Restricted Stock Units granted August 7, 2026, vesting in equal installments February 13, 2027, 2028 and 2029
Price per RSU
$0.0000 per unit
Reported transaction price per share for each RSU grant
Key Terms
Restricted Stock Units, contingent right, spin-off, vest
4 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."
spin-off financial
"converted into equity awards of the Issuer in connection with the spin-off of the Issuer"
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.
vest financial
"The RSUs vest in equal installments on February 12, 2027 and February 12, 2028."
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 insider transaction did ADIG report for Alicia Crispin Copeland?
ADI Global Distribution Inc. reported that Alicia Crispin Copeland, Executive Vice President and COO, received four RSU grants on August 7, 2026, each convertible into common stock on specified future vesting dates.
How many RSUs were granted to the ADIG COO in each award?
The COO received RSU awards covering 7,113, 15,731, 18,052, and 15,276 underlying shares of ADI Global Distribution Inc. common stock, with each RSU representing a contingent right to one share.
When do the newly reported ADIG RSU awards vest?
One RSU grant vests on February 5, 2027; others vest in equal installments on February 12, 2027 and 2028, July 31, 2027 and 2028, and February 13, 2027, 2028 and 2029, respectively.
What is the relationship between the ADIG RSUs and Resideo Technologies, Inc.?
The filing states these RSU awards were originally granted by Resideo Technologies, Inc. and later converted into equity awards of ADI Global Distribution Inc. in connection with ADI’s spin-off from Resideo.
Are the ADIG RSU awards held directly or indirectly by the reporting person?
All four RSU transactions are reported with direct ownership, indicated by the ownership code "D", meaning the awards are held directly by Alicia Crispin Copeland rather than through an intermediary entity.