ADI Global Distribution Inc. (ADIG) awards 13,066 RSUs to senior finance executive
Rhea-AI Filing Summary
ADI Global Distribution Inc. reported that Senior Vice President and Chief Accounting Officer Nicole Mae Knowles Stevens received a grant of 13,066 Restricted Stock Units, each representing one share of common stock. These RSUs were converted from prior Resideo Technologies equity awards and will vest in three equal installments on March 3, 2027, March 3, 2028, and March 3, 2029. Following this grant, she holds 13,066 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stevens Nicole Mae Knowles
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2, F3 | 13,066 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 13,066 shares (Direct)
Footnotes (3)
- 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 in equal installments on March 3, 2027, March 3, 2028 and March 3, 2029.
Key Figures
RSUs granted: 13,066 units
RSUs underlying shares: 13,066 shares
Holdings after transaction: 13,066 RSUs
+2 more
5 metrics
RSUs granted
13,066 units
Restricted Stock Units granted on 2026-08-07
RSUs underlying shares
13,066 shares
Each RSU represents one share of common stock
Holdings after transaction
13,066 RSUs
Direct derivative holdings following the acquisition
Vesting installments
3 dates
Vesting on March 3, 2027, 2028, and 2029
Transaction price per RSU
$0.0000
Grant, award, or other acquisition of RSUs
Key Terms
Restricted Stock Units, contingent right, spin-off, equity awards
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.
equity awards financial
"Represents equity awards originally granted by Resideo Technologies, Inc."
Equity awards are payments to employees or directors made in the form of company stock or rights to buy stock later, serving as a way to share ownership rather than cash. For investors, they matter because they align staff incentives with company performance, can increase the number of shares outstanding over time (which can reduce each share’s claim on profits), and create compensation costs that affect reported earnings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ADI Global Distribution Inc. (ADIG) report?
ADI Global Distribution Inc. reported a grant of 13,066 Restricted Stock Units to Senior Vice President and Chief Accounting Officer Nicole Mae Knowles Stevens, all tied to the company’s common stock and held as a direct derivative position.
How many RSUs did the ADIG executive receive in this Form 4 filing?
The executive received 13,066 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of ADI Global Distribution Inc. common stock, creating potential future ownership if and when the units vest.
What are the vesting dates of the 13,066 ADIG Restricted Stock Units?
The 13,066 RSUs vest in three equal installments on March 3, 2027, March 3, 2028, and March 3, 2029. Vesting is spread over these dates, aligning the equity award with multi‑year service and performance horizons.
How were the ADIG RSU awards for the executive originally created?
The RSU awards were originally granted by Resideo Technologies, Inc. and later converted into equity awards of ADI Global Distribution Inc. in connection with the spin-off of ADI Global Distribution from Resideo.
What is the executive’s ADIG RSU holding after this reported transaction?
After the reported transaction, the executive directly holds 13,066 Restricted Stock Units. Each unit corresponds to a contingent right to receive one share of ADI Global Distribution Inc. common stock upon vesting.