STOCK TITAN

ADI Global Distribution Inc. (ADIG) director reports 13,829 RSU awards for CD&R entity

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ADI Global Distribution Inc. reported that director Nathan K. Sleeper received two equity awards of restricted stock units (RSUs) tied to the company’s common stock. On August 7, 2026, he was granted 5,825 RSUs that vest on August 7, 2027, and 8,004 RSUs that vest on the earlier of June 3, 2027 or the date of the company’s 2027 annual stockholders meeting. Each RSU represents a contingent right to receive one share of common stock. The 8,004-unit award represents Resideo Technologies, Inc. equity awards converted in connection with ADI Global Distribution Inc.’s spin-off from Resideo. According to the disclosure, Sleeper holds these RSUs for the benefit of CD&R Channel Holdings, L.P. or an affiliate and is obligated to transfer the shares received upon settlement, and therefore disclaims beneficial ownership of the reported securities.

Positive

  • None.

Negative

  • None.
Insider Sleeper Nathan K
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1, F2, F3 5,825 $0.00 $0.00
Grant/Award Restricted Stock Units F1, F4, F5, F3 8,004 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 13,829 shares (Direct)
Footnotes (5)
  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 7, 2027.
  3. F3. The Reporting Person holds the RSUs for the benefit of, and is obligated to transfer the shares of Issuer common stock received in settlement thereof to, CD&R Channel Holdings, L.P. or an affiliate thereof, and the Reporting Person therefore disclaims beneficial ownership of the reported securities.
  4. F4. 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.
  5. F5. The RSUs vest on the earlier of June 3, 2027 or the date of the Issuer's 2027 annual meeting of stockholders.
RSUs granted 5,825 RSUs Grant of restricted stock units on August 7, 2026, vesting August 7, 2027
RSUs granted 8,004 RSUs Grant of restricted stock units on August 7, 2026, vesting by June 3, 2027 or 2027 annual meeting
RSU-to-share ratio 1 RSU = 1 share Each RSU represents a contingent right to receive one share of common stock
Exercise price per RSU $0.0000 per unit Reported transaction price per RSU for both grants
Vesting date (5,825 RSUs) August 7, 2027 Single vesting date for 5,825-unit RSU award
Latest vesting date (8,004 RSUs) June 3, 2027 Vests on earlier of June 3, 2027 or 2027 annual stockholders meeting
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
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
beneficial ownership financial
"the Reporting Person therefore disclaims beneficial ownership of the reported securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
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.
annual meeting of stockholders financial
"The RSUs vest on the earlier of June 3, 2027 or the date of the Issuer's 2027 annual meeting"

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 Nathan K. Sleeper report on this Form 4 for ADIG?

Nathan K. Sleeper reported two grants of restricted stock units: 5,825 RSUs and 8,004 RSUs, each representing a contingent right to receive one share of ADI Global Distribution Inc. common stock upon vesting and settlement.

When do Nathan K. Sleeper’s newly granted RSUs in ADIG vest?

One RSU grant of 5,825 units vests on August 7, 2027. The second grant of 8,004 units vests on the earlier of June 3, 2027 or the date of ADI Global Distribution Inc.’s 2027 annual meeting of stockholders.

Does Nathan K. Sleeper personally benefit from the ADIG RSUs reported on this Form 4?

The filing states Sleeper holds the RSUs for the benefit of CD&R Channel Holdings, L.P. or an affiliate and is obligated to transfer settlement shares to that entity, and therefore disclaims beneficial ownership of the reported securities.

What is the relationship between the 8,004 ADIG RSUs and Resideo Technologies, Inc.?

The 8,004 RSUs represent equity awards originally granted by Resideo Technologies, Inc. that were converted into ADI Global Distribution Inc. awards in connection with the spin-off of ADI Global Distribution Inc. from Resideo.

Did Nathan K. Sleeper buy or sell any ADIG common stock in this Form 4?

No open-market purchases or sales are reported. The Form 4 shows grant or award acquisitions of restricted stock units only, with no reported sales or purchases of ADI Global Distribution Inc. common stock.

Is Nathan K. Sleeper’s ADIG Form 4 tied to a Rule 10b5-1 trading plan?

The Rule 10b5-1 checkbox is not marked as affirmative in this filing, and there is no footnote indicating that these RSU grants were made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.
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*
Sleeper Nathan K

(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
Officer (give title below)Other (specify below)
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)08/07/2026A5,825 (2) (2)Common Stock5,825$05,825D(3)
Restricted Stock Units(1)(4)08/07/2026A8,004 (5) (5)Common Stock8,004$08,004D(3)
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 7, 2027.
3. The Reporting Person holds the RSUs for the benefit of, and is obligated to transfer the shares of Issuer common stock received in settlement thereof to, CD&R Channel Holdings, L.P. or an affiliate thereof, and the Reporting Person therefore disclaims beneficial ownership of the reported securities.
4. 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.
5. The RSUs vest on the earlier of June 3, 2027 or the date of the Issuer's 2027 annual meeting of stockholders.
/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)