ADI Global director Galvin acquires 907 stock units
The fully vested units will be credited and settled seven months after the director terminates his service on the board.
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Rhea-AI Filing Summary
ADI Global Distribution Inc. (ADIG) director William Galvin acquired 907 deferred restricted stock units (DRSUs) on October 1, 2026. Each DRSU represents a contingent right to receive one common share, and his reported resulting position was 6,732 DRSUs. The units are fully vested and will be credited to his account and settled seven months after he terminates his service on the board.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units F1, F2 | 907 | $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 unit technical
contingent right technical
fully vested financial
FAQ
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How many ADIG deferred restricted stock units did William Galvin receive?
When will William Galvin's ADIG DRSUs be settled?
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