ADI Global Distribution director gets 930 stock units
The units are fully vested, but share delivery is tied to termination of board service and occurs seven months afterward.
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Rhea-AI Filing Summary
ADI Global Distribution Inc. (ADIG) director Brian Charles Walker received an award of 930 deferred restricted stock units on October 1, 2026. The award was fully vested; each unit represents a contingent right to receive one common share, credited to his account and settled seven months after he terminates board service. His reported direct DRSU holdings following the award were 6,755.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units F1, F2 | 930 | $17.66 | $16K |
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 are fully vested and 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
Key Terms
Deferred Restricted Stock Units financial
contingent right financial
fully vested financial
FAQ
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How many DRSUs did ADIG director Brian Charles Walker receive?
When will Brian Charles Walker's ADIG deferred stock units be settled?
AI-generated analysis. How Rhea-AI works. Not financial advice.