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ADI Global Distribution (ADIG) CEO receives multiple RSU and PRSU grants

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Form Type
4

Rhea-AI Filing Summary

ADI Global Distribution Inc. reported that President and Chief Executive Officer Robert B. Aarnes received multiple equity awards on August 7, 2026. These awards include grants of restricted stock units (RSUs) and performance restricted stock units (PRSUs), each representing a right to receive one share of common stock if vesting conditions are met. One RSU grant of 47,483 units vests on August 3, 2029, and several other RSU grants that were originally awarded by Resideo Technologies, Inc. were converted into issuer equity in connection with the spin-off, with vesting dates in 2027–2029. PRSU awards of 37,082 and 44,811 units vest based on relative total shareholder return performance and continued employment through February 12, 2028 and February 13, 2029, respectively.

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Insider Aarnes Robert B
Role See Remarks
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1, F2 47,483 $0.00 $0.00
Grant/Award Restricted Stock Units F1, F3, F4 220,859 $0.00 $0.00
Grant/Award Restricted Stock Units F1, F3, F5 363,926 $0.00 $0.00
Grant/Award Restricted Stock Units F1, F3, F6 49,442 $0.00 $0.00
Grant/Award Restricted Stock Units F1, F3, F7 44,812 $0.00 $0.00
Grant/Award Restricted Stock Units F1, F3, F8 55,623 $0.00 $0.00
Grant/Award Performance Restricted Stock Units F3, F9, F10 37,082 $0.00 $0.00
Grant/Award Performance Restricted Stock Units F3, F9, F11 44,811 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 782,145 shares (Direct); Performance Restricted Stock Units — 81,893 shares (Direct)
Footnotes (11)
  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. The RSUs will vest on August 3, 2029.
  3. F3. 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.
  4. F4. The RSUs vest February 5, 2027.
  5. F5. The RSUs vest in equal installments on February 15, 2027 and February 15, 2028.
  6. F6. The RSUs vest in equal installments on February 12, 2027 and February 12, 2028.
  7. F7. The RSUs vest in equal installments on February 13, 2027, February 13, 2028 and February 13, 2029.
  8. F8. The RSUs vest on February 12, 2028.
  9. F9. Each performance restricted stock unit ("PRSU") represents a contingent right to receive one share of the Issuer common stock.
  10. F10. 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.
  11. F11. 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 vesting 2029 47,483 units Restricted stock units vest on August 3, 2029
Converted RSU grant 220,859 units RSUs converted from Resideo awards; vest February 5, 2027
Converted RSU grant with multi-year vesting 363,926 units RSUs vest in equal installments on February 15, 2027 and February 15, 2028
Converted RSU grant with three-year vesting 44,812 units RSUs vest on February 13, 2027, 2028 and 2029
PRSUs performance grant 2027 period 37,082 units Performance period ends December 31, 2027; vesting tied to TSR and employment through February 12, 2028
PRSUs performance grant 2028 period 44,811 units Performance period ends December 31, 2028; vesting tied to TSR and employment through February 13, 2029
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.
Performance Restricted Stock Units financial
"Each performance restricted stock unit ("PRSU") represents a contingent right"
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 of the Issuer common stock"
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 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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transactions did ADIG report for Robert B. Aarnes on August 7, 2026?

ADI Global Distribution Inc. reported that Robert B. Aarnes received multiple grants of RSUs and PRSUs on August 7, 2026, all classified as acquisitions of derivative securities with no sales reported in this filing.

How many RSUs did the ADIG CEO receive that vest on August 3, 2029?

Robert B. Aarnes received an RSU grant of 47,483 units that will vest on August 3, 2029. Each RSU represents a contingent right to receive one share of ADI Global Distribution Inc. common stock upon vesting.

Which ADIG equity awards were converted from Resideo Technologies grants?

Several RSU and PRSU awards to Robert B. Aarnes represent equity awards originally granted by Resideo Technologies, Inc. and converted into ADI Global Distribution equity in connection with the spin-off of ADI Global Distribution Inc. from Resideo.

What are the vesting dates for the converted ADIG RSU grants to the CEO?

Converted RSU awards to Robert B. Aarnes vest on February 5, 2027; in equal installments on February 15, 2027 and 2028, February 12, 2027 and 2028, and February 13, 2027, 2028 and 2029; and on February 12, 2028.

What conditions apply to the ADIG performance restricted stock units (PRSUs)?

Each PRSU represents a right to one share and vests only if relative total shareholder return performance criteria are met and Robert B. Aarnes remains employed through February 12, 2028 or February 13, 2029, with performance periods ending December 31, 2027 and December 31, 2028.

Were the ADIG CEO’s August 7, 2026 grants made under a Rule 10b5-1 plan?

The filing indicates the Rule 10b5-1 checkbox is not marked as a plan transaction, and the equity events are reported as grants/awards rather than open-market trades, reflecting compensation-related awards rather than scheduled trading plan sales or purchases.
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*
Aarnes Robert B

(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)
XDirector10% 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)08/07/2026A47,483 (2) (2)Common Stock47,483$047,483D
Restricted Stock Units(1)(3)08/07/2026A220,859 (4) (4)Common Stock220,859$0220,859D
Restricted Stock Units(1)(3)08/07/2026A363,926 (5) (5)Common Stock363,926$0363,926D
Restricted Stock Units(1)(3)08/07/2026A49,442 (6) (6)Common Stock49,442$049,442D
Restricted Stock Units(1)(3)08/07/2026A44,812 (7) (7)Common Stock44,812$044,812D
Restricted Stock Units(1)(3)08/07/2026A55,623 (8) (8)Common Stock55,623$055,623D
Performance Restricted Stock Units(3)(9)08/07/2026AV37,082 (10) (10)Common Stock37,082$037,082D
Performance Restricted Stock Units(3)(9)08/07/2026AV44,811 (11) (11)Common Stock44,811$044,811D
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. The RSUs will vest on August 3, 2029.
3. 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.
4. The RSUs vest February 5, 2027.
5. The RSUs vest in equal installments on February 15, 2027 and February 15, 2028.
6. The RSUs vest in equal installments on February 12, 2027 and February 12, 2028.
7. The RSUs vest in equal installments on February 13, 2027, February 13, 2028 and February 13, 2029.
8. The RSUs vest on February 12, 2028.
9. Each performance restricted stock unit ("PRSU") represents a contingent right to receive one share of the Issuer common stock.
10. 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.
11. 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:
President and Chief Executive Officer.
/s/ Jeannine J. Lane, as attorney-in-fact08/11/2026
** 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)