ADI Global CFO exercises 6,469 RSUs into stock

ADI Global Distribution Inc. (ADIG) reported that Executive VP and CFO Michael Carlet exercised restricted stock units into common stock.

Rhea-AI Filing Summary

ADI Global Distribution Inc. (ADIG) reported that Executive VP and CFO Michael Carlet exercised restricted stock units into common stock. On 2026-08-15, he converted 6,469 RSUs into 6,469 shares of common stock in two tranches, while 2,844 shares of common stock were delivered or withheld at $23.365 per share for payment of exercise price or tax liability. Footnotes state each RSU represents one share of common stock and that the underlying RSUs vest in quarterly installments until fully vested on February 15, 2027 and February 15, 2028, respectively.

Insider Trade Summary

6,469 shares exercised/converted

Exercise 5 txns

Insider Carlet Michael

Role Executive VP, CFO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F1, F2	3,299	$0.00	$0.00
Exercise	Restricted Stock Units F1, F3	3,170	$0.00	$0.00
Exercise	Common Stock F1	3,299	--	--
Exercise	Common Stock F1	3,170	--	--
Exercise Price or Tax Liability	Common Stock	2,844	$23.365	$66K

Holdings After Transaction: Restricted Stock Units — 25,625 contracts (Direct); Common Stock — 40,335 shares (Direct)

Footnotes (3)

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 vest quarterly until fully vested on February 15, 2027.
3. F3. The RSUs vest in equal quarterly installments until fully vested on February 15, 2028.

Key Figures

RSUs exercised (total): 6,469 shares First RSU tranche exercised: 3,299 shares Second RSU tranche exercised: 3,170 shares +4 more

7 metrics

RSUs exercised (total) 6,469 shares Derivative exercises (code M) into common stock reported for 2026-08-15

First RSU tranche exercised 3,299 shares Restricted Stock Units converted into common stock in one transaction on 2026-08-15

Second RSU tranche exercised 3,170 shares Restricted Stock Units converted into common stock in a second transaction on 2026-08-15

Shares delivered/withheld for exercise price or tax 2,844 shares Code F transaction for payment of exercise price or tax liability

Per-share value for code F shares $23.365 per share Price used for the 2,844 common shares delivered or withheld

RSU vesting completion date (first award) February 15, 2027 RSUs vest quarterly until fully vested on this date

RSU vesting completion date (second award) February 15, 2028 RSUs vest in equal quarterly installments until fully vested on this date

Key Terms

Restricted Stock Units, contingent right, vest quarterly, exercise price or tax liability

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."

vest quarterly financial

"The RSUs vest quarterly until fully vested on February 15, 2027."

exercise price or tax liability financial

"Payment of exercise price or tax liability by delivering or withholding securities"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did ADIG Executive VP and CFO Michael Carlet report on this Form 4?

Michael Carlet reported exercising 6,469 restricted stock units into an equal number of ADIG common shares on 2026-08-15. In connection with this, 2,844 common shares were delivered or withheld to cover payment of exercise price or tax liability at $23.365 per share.

How many ADIG restricted stock units did Michael Carlet convert into common stock?

Carlet converted a total of 6,469 RSUs into 6,469 ADIG common shares on 2026-08-15. This consisted of 3,299 RSUs from one award and 3,170 RSUs from another award, each RSU representing the right to receive one common share.

At what price were ADIG shares delivered or withheld for taxes or exercise costs in this Form 4?

A total of 2,844 ADIG common shares were delivered or withheld at a price of $23.365 per share. These shares were used for payment of the exercise price or tax liability associated with the RSU conversions reported on 2026-08-15.

What are the vesting schedules of Michael Carlet’s ADIG RSU awards mentioned in this filing?

One RSU award vests quarterly until fully vested on February 15, 2027. A second RSU award vests in equal quarterly installments until fully vested on February 15, 2028. Each vested RSU entitles Carlet to receive one share of ADIG common stock.

Does this ADIG Form 4 indicate any open-market buying or selling by Michael Carlet?

The filing reports no open-market purchases or sales. It shows RSU exercises (code M) converting into common shares and a code F transaction where 2,844 shares were delivered or withheld for payment of exercise price or tax liability, not a market trade.

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

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Available on EDGAR 08/18/2026 - 04:21 PM EDT Accepted by SEC EDGAR 08/18/2026 - 04:21 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Carlet Michael

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive VP, CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/15/2026		M		3,299	A	(1)	40,009	D
Common Stock	08/15/2026		M		3,170	A	(1)	43,179	D
Common Stock	08/15/2026		F		2,844	D	$23.365	40,335	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	08/15/2026		M			3,299	(2)	(2)	Common Stock	3,299	$0	6,596	D
Restricted Stock Units	(1)	08/15/2026		M			3,170	(3)	(3)	Common Stock	3,170	$0	19,029	D

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 vest quarterly until fully vested on February 15, 2027.

3. The RSUs vest in equal quarterly installments until fully vested on February 15, 2028.

	/s/ Jeannine J. Lane, as attorney-in-fact	08/18/2026
	** Signature of Reporting Person	Date
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)