What spin-off related ADIG shares are mentioned in Michael Carlet’s Form 4?

A footnote states that his holdings include 33,820 ADIG shares received in the spin-off from Resideo Technologies, Inc., which were acquired in a transaction exempt from Section 16 under Rule 16a-9 of the Exchange Act.

ADI Global CFO reports RSU conversions and grants

Q: What insider transactions did ADIG CFO Michael Carlet report on this Form 4?

Michael Carlet reported conversion of 5,157 RSUs into 5,157 ADIG common shares, delivery or withholding of 2,267 shares at $26.885 for exercise price or tax liability, and multiple new RSU and PRSU grants vesting over future years.

Q: How many ADIG shares were used to cover exercise price or taxes in this filing?

The filing shows 2,267 ADIG common shares delivered or withheld at $26.885 per share to pay the exercise price or tax liability tied to the RSU conversion reported on August 9, 2026.

Q: What RSU activity did ADIG report for Michael Carlet on August 9, 2026?

On August 9, 2026, 5,157 restricted stock units were exercised or converted into 5,157 ADIG common shares, with a portion (2,267 shares) used to satisfy the exercise price or related tax obligations.

Q: What new equity awards did ADIG grant to Michael Carlet on August 7, 2026?

On August 7, 2026, Michael Carlet received several restricted stock unit awards, including tranches of 44,947 and 40,737 RSUs, plus performance restricted stock units such as a 33,711-PRSU grant tied to relative total shareholder return.

Q: How do Michael Carlet’s ADIG performance RSUs vest according to the Form 4?

The performance restricted stock units each convert into one ADIG common share if relative total shareholder return criteria are met and he remains employed through February 12, 2028 or February 13, 2029, after performance periods ending in 2027 and 2028, respectively.

ADI Global Distribution Inc. executive vice president and CFO Michael Carlet reported equity compensation activity.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

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Form Type

Rhea-AI Filing Summary

ADI Global Distribution Inc. executive vice president and CFO Michael Carlet reported equity compensation activity. On August 9, 2026, 5,157 restricted stock units were converted into 5,157 common shares, with 2,267 shares valued at $26.885 per share delivered or withheld to cover the exercise price or tax liability. On August 7, 2026, he received multiple grants of restricted stock units and performance restricted stock units linked to ADI common stock, each vesting on specified future dates or based on relative total shareholder return performance conditions.

Insider Trade Summary

5,157 shares exercised/converted

Exercise 13 txns

Insider Carlet Michael

Role See Remarks

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units ^{F1, F8}	5,157	$0.00	$0.00
Exercise	Common Stock ^{F1, F2}	5,157	--	--
Exercise Price or Tax Liability	Common Stock	2,267	$26.885	$61K
Grant/Award	Restricted Stock Units ^{F1, F3, F4}	44,947	$0.00	$0.00
Grant/Award	Restricted Stock Units ^{F1, F3, F5}	40,737	$0.00	$0.00
Grant/Award	Restricted Stock Units ^{F1, F3, F6}	16,915	$0.00	$0.00
Grant/Award	Restricted Stock Units ^{F1, F3, F7}	9,895	$0.00	$0.00
Grant/Award	Restricted Stock Units ^{F1, F3, F8}	10,314	$0.00	$0.00
Grant/Award	Restricted Stock Units ^{F1, F3, F9}	22,199	$0.00	$0.00
Grant/Award	Restricted Stock Units ^{F1, F3, F10}	30,943	$0.00	$0.00
Grant/Award	Restricted Stock Units ^{F1, F3, F11}	50,566	$0.00	$0.00
Grant/Award	Performance Restricted Stock Units ^{F3, F12, F13}	33,711	$0.00	$0.00
Grant/Award	Performance Restricted Stock Units ^{F3, F12, F14}	40,738	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 221,359 contracts (Direct); Performance Restricted Stock Units — 74,449 contracts (Direct); Common Stock — 36,710 shares (Direct)

Footnotes (14)

F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of ADI Global Distribution Inc. (the "Issuer") common stock.
F2. Includes 33,820 shares received in connection with the spin-off of the Issuer from Resideo Technologies, Inc. ("Resideo"). Such acquisition was exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") pursuant to Rule 16a-9 under the Exchange Act.
F3. Represents equity awards originally granted by Resideo that have been converted into equity awards of the Issuer in connection with the spin-off of the Issuer from Resideo.
F4. The RSUs vest in equal installments on February 12, 2027 and February 12, 2028.
F5. The RSUs vest in equal installments on February 13, 2027, February 13, 2028 and February 13, 2029.
F6. The RSUs vest on February 15, 2027.
F7. The RSUs vest quarterly until fully vested on February 15, 2027.
F8. The RSUs vest in equal installments on August 9, 2026 and August 9, 2027. Accordingly and as reported on this Form 4, half of the RSUs vested on August 9, 2026.
F9. The RSUs vest in equal quarterly installments until fully vested on February 15, 2028.
F10. The RSUs vest on February 5, 2027.
F11. The RSUs vest on February 12, 2028.
F12. Each performance restricted stock unit ("PRSU") represents a contingent right to receive one share of the Issuer common stock.
F13. The PRSUs vest when (i) performance criteria relating to the relative total shareholder return of the Issuer common stock are met and (ii) the Reporting Person is employed by the Issuer on February 12, 2028. The performance period ends December 31, 2027.
F14. The PRSUs vest when (i) performance criteria relating to the relative total shareholder return of the Issuer common stock are met and (ii) the Reporting Person is employed by the Issuer on February 13, 2029. The performance period ends December 31, 2028.

Key Figures

RSUs converted: 5,157 shares Shares for exercise price or taxes: 2,267 shares at $26.885 per share RSU grant size example: 44,947 RSUs +3 more

6 metrics

RSUs converted 5,157 shares Restricted stock units converted into ADI common stock on August 9, 2026

Shares for exercise price or taxes 2,267 shares at $26.885 per share Common shares delivered or withheld for exercise price or tax liability on August 9, 2026

RSU grant size example 44,947 RSUs Restricted stock unit grant on August 7, 2026 linked to ADI common stock

Additional RSU grant 40,737 RSUs Restricted stock unit award on August 7, 2026 with future vesting dates

Performance RSU grant 33,711 PRSUs Performance RSUs granted August 7, 2026, vesting based on relative total shareholder return

Spin-off shares 33,820 shares Shares received in spin-off from Resideo Technologies, Inc., exempt under Rule 16a-9

Key Terms

Restricted Stock Units, Performance Restricted Stock Units, relative total shareholder return, spin-off, +1 more

5 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.

Performance Restricted Stock Units financial

"Each performance restricted stock unit ("PRSU") represents a contingent right"

Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.

relative total shareholder return financial

"performance criteria relating to the relative total shareholder return of the Issuer common stock"

Relative total shareholder return measures how much an investor’s gain from a company — including stock price changes and dividends — beats or lags a chosen benchmark or peer group over a set time. Think of it as a race: it shows whether the company outpaced rivals or the market, which helps investors and boards judge performance, compare returns fairly, and link results to pay or investment decisions.

spin-off financial

"shares received in connection with the spin-off of the Issuer from Resideo Technologies"

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.

Rule 16a-9 regulatory

"Such acquisition was exempt from Section 16 ... pursuant to Rule 16a-9"

FAQ

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

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

Michael Carlet reported conversion of 5,157 RSUs into 5,157 ADIG common shares, delivery or withholding of 2,267 shares at $26.885 for exercise price or tax liability, and multiple new RSU and PRSU grants vesting over future years.

How many ADIG shares were used to cover exercise price or taxes in this filing?

The filing shows 2,267 ADIG common shares delivered or withheld at $26.885 per share to pay the exercise price or tax liability tied to the RSU conversion reported on August 9, 2026.

What RSU activity did ADIG report for Michael Carlet on August 9, 2026?

On August 9, 2026, 5,157 restricted stock units were exercised or converted into 5,157 ADIG common shares, with a portion (2,267 shares) used to satisfy the exercise price or related tax obligations.

What new equity awards did ADIG grant to Michael Carlet on August 7, 2026?

On August 7, 2026, Michael Carlet received several restricted stock unit awards, including tranches of 44,947 and 40,737 RSUs, plus performance restricted stock units such as a 33,711-PRSU grant tied to relative total shareholder return.

How do Michael Carlet’s ADIG performance RSUs vest according to the Form 4?

The performance restricted stock units each convert into one ADIG common share if relative total shareholder return criteria are met and he remains employed through February 12, 2028 or February 13, 2029, after performance periods ending in 2027 and 2028, respectively.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 08/11/2026 - 05:47 PM EDT

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)
	See Remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/07/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/09/2026		M		5,157	A	⁽¹⁾	38,977⁽²⁾	D
Common Stock	08/09/2026		F		2,267	D	$26.885	36,710	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾⁽³⁾	08/07/2026		A		44,947		⁽⁴⁾	⁽⁴⁾	Common Stock	44,947	$0	44,947	D
Restricted Stock Units	⁽¹⁾⁽³⁾	08/07/2026		A		40,737		⁽⁵⁾	⁽⁵⁾	Common Stock	40,737	$0	40,737	D
Restricted Stock Units	⁽¹⁾⁽³⁾	08/07/2026		A		16,915		⁽⁶⁾	⁽⁶⁾	Common Stock	16,915	$0	16,915	D
Restricted Stock Units	⁽¹⁾⁽³⁾	08/07/2026		A		9,895		⁽⁷⁾	⁽⁷⁾	Common Stock	9,895	$0	9,895	D
Restricted Stock Units	⁽¹⁾⁽³⁾	08/07/2026		A		10,314		⁽⁸⁾	⁽⁸⁾	Common Stock	10,314	$0	10,314	D
Restricted Stock Units	⁽¹⁾⁽³⁾	08/07/2026		A		22,199		⁽⁹⁾	⁽⁹⁾	Common Stock	22,199	$0	22,199	D
Restricted Stock Units	⁽¹⁾⁽³⁾	08/07/2026		A		30,943		⁽¹⁰⁾	⁽¹⁰⁾	Common Stock	30,943	$0	30,943	D
Restricted Stock Units	⁽¹⁾⁽³⁾	08/07/2026		A		50,566		⁽¹¹⁾	⁽¹¹⁾	Common Stock	50,566	$0	50,566	D
Performance Restricted Stock Units	⁽³⁾⁽¹²⁾	08/07/2026		A	V	33,711		⁽¹³⁾	⁽¹³⁾	Common Stock	33,711	$0	33,711	D
Performance Restricted Stock Units	⁽³⁾⁽¹²⁾	08/07/2026		A	V	40,738		⁽¹⁴⁾	⁽¹⁴⁾	Common Stock	40,738	$0	40,738	D
Restricted Stock Units	⁽¹⁾	08/09/2026		M			5,157	⁽⁸⁾	⁽⁸⁾	Common Stock	5,157	$0	5,157	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. Includes 33,820 shares received in connection with the spin-off of the Issuer from Resideo Technologies, Inc. ("Resideo"). Such acquisition was exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") pursuant to Rule 16a-9 under the Exchange Act.

3. Represents equity awards originally granted by Resideo that have been converted into equity awards of the Issuer in connection with the spin-off of the Issuer from Resideo.

4. The RSUs vest in equal installments on February 12, 2027 and February 12, 2028.

5. The RSUs vest in equal installments on February 13, 2027, February 13, 2028 and February 13, 2029.

6. The RSUs vest on February 15, 2027.

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

8. The RSUs vest in equal installments on August 9, 2026 and August 9, 2027. Accordingly and as reported on this Form 4, half of the RSUs vested on August 9, 2026.

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

10. The RSUs vest on February 5, 2027.

11. The RSUs vest on February 12, 2028.

12. Each performance restricted stock unit ("PRSU") represents a contingent right to receive one share of the Issuer common stock.

13. The PRSUs vest when (i) performance criteria relating to the relative total shareholder return of the Issuer common stock are met and (ii) the Reporting Person is employed by the Issuer on February 12, 2028. The performance period ends December 31, 2027.

14. The PRSUs vest when (i) performance criteria relating to the relative total shareholder return of the Issuer common stock are met and (ii) the Reporting Person is employed by the Issuer on February 13, 2029. The performance period ends December 31, 2028.

Remarks:

Executive Vice President, Chief Financial Officer

	/s/ Jeannine J. Lane, as attorney-in-fact	08/11/2026
	** 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)

Source: View Original Filing on SEC EDGAR