Resideo Technologies filings document operating results, segment performance, material agreements, capital structure, governance, and shareholder voting matters for a NYSE-listed manufacturer, developer, and distributor of sensing and controls products. The company's disclosures cover Products & Solutions and ADI Global Distribution, including financial results releases, proxy governance materials, executive compensation matters, and common stock registration details.
Material-event filings also record financing and agreement activity, including credit agreement amendments and the completed termination of a legacy Honeywell indemnification and reimbursement arrangement. Proxy and 8-K filings address board and compensation matters, annual shareholder votes, and formal disclosures tied to Resideo's business structure and capital obligations.
Resideo Technologies, Inc., which may be deemed a director and 10% owner of ADI Global Distribution Inc., reported restructuring transactions completed on August 3, 2026 in connection with the previously announced spin-off of ADI. ADI issued Resideo 75,918,198 shares of ADI common stock as part of internal reorganization steps, and Resideo then disposed of all 75,923,198 issued and outstanding ADI common shares by distributing a pro rata dividend of one ADI share for every two Resideo common shares held as of July 20, 2026, to effect the spin-off. Separately, ADI issued Resideo 150,000 shares of Series A Cumulative Convertible Participating Preferred Stock, initially convertible into ADI common stock at $16.152 per share and convertible at any time with no expiration; Resideo exchanged these ADI preferred shares for an equal number of its own Series A preferred shares held by other holders.
CD&R Channel Holdings, L.P. exchanged 149,550 shares of Resideo Series A Cumulative Convertible Participating Preferred Stock in connection with a spin-off, disposing of these securities to the issuer. It continues to hold 348,950 Series A Preferred shares, now convertible into 18,517,830 common shares at an initial conversion price of $18.844 per share, adjusted from $26.92. The preferred is convertible at any time at the holder’s option, has no expiration, accrues dividends at 7.0% per annum (rising to 10.0% upon certain triggering events), and may be mandatorily converted if Resideo’s common stock trades above 200% of the then-effective conversion price for at least 20 of 30 trading days, subject to a lock-up.
CD&R-affiliated funds report beneficial ownership of 33,478,322 Resideo common shares, or 19.7% of the class on an as-converted basis. This includes 18,517,830 shares issuable from 348,950 shares of Series A preferred stock at a conversion price of $18.844 and 14,960,492 common shares held directly by CD&R Channel Holdings II, L.P.
The amendment reflects Resideo’s spin-off of its ADI Global Distribution segment and an exchange of 149,550 Resideo preferred shares for ADI preferred shares, leaving CD&R with 348,950 Resideo preferred shares. An amended certificate of designations reduces the preferred conversion price from $26.92 to $18.844 and limits Resideo’s optional redemption or conversion rights to periods after lock-up expiration. An investment agreement amendment joins CD&R Holdings II, extends the lock-up on CD&R’s Resideo holdings to August 3, 2028, and broadens the covered securities, while a registration rights amendment requires registration of additional CD&R-held registrable securities. Following the ADI spin-off, Nathan K. Sleeper resigned from Resideo’s board and CD&R designated Andrew Campelli as his replacement.
Resideo Technologies completed the spin-off of its ADI Global Distribution business, distributing 1 share of ADI for every 2 shares of Resideo held as of July 20, 2026. ADI is now an independent public company listed on the NYSE under the symbol ADIG.
In connection with the separation, ADI paid a one-time cash dividend of $900 million to Resideo, which Resideo used to repay term loans, leaving about $1,422 million outstanding under its existing term loan facility. Resideo expects to repay a further $200 million by the end of the third fiscal quarter of 2026.
Resideo exchanged 150,000 shares of ADI preferred stock for an equal number of Resideo preferred shares, then retired those shares, leaving 350,000 Resideo preferred shares and 150,000 ADI preferred shares outstanding, with a revised conversion price of $18.844. CD&R’s lock-up on Resideo holdings was extended to August 3, 2028. Leadership changes became effective, with Tom Surran serving as President, Chief Executive Officer and principal financial officer.
Resideo Technologies plans to spin off its ADI Global Distribution business on August 3, 2026, creating two independent public companies. ADI common stock is expected to trade on the NYSE under the ticker ADIG starting August 4, 2026, with Resideo shareholders receiving 1 ADIG share for every 2 REZI shares.
The remaining Resideo business will be a pure-play building technologies company focused on residential controls and sensing. For 2025 on a standalone basis, it reports $2.9 billion Adjusted Revenue, 39.5% Adjusted Gross Margin, and a 20.3% Standalone Adjusted EBITDA margin, with 12 consecutive quarters of gross margin expansion and free cash flow conversion above 85% for each of the last three years. Management targets by 2030 an organic Adjusted Revenue CAGR of 4–5%, Adjusted Gross Margin of 43–45%, Standalone Adjusted EBITDA margin of 23–25%, and Standalone Adjusted EBITDA less Adjusted Capex conversion of at least 92%, while reducing net leverage from about 3.3x at spin to below 2.0x within roughly 24 months.
Resideo Technologies Chief Accounting Officer Jeffrey Kutz reported a routine tax-related share disposition. On July 7, 2026, 2,466 shares of common stock were withheld at $32.14 per share to satisfy tax obligations. After this transaction, he directly holds 36,332 common shares.
RESIDEO TECHNOLOGIES, INC. filed an initial ownership report for ADI GLOBAL DISTRIBUTION INC., showing direct holdings of 5,000 shares of ADI Global Distribution common stock. Resideo is identified as both a director and a ten percent owner of ADI Global Distribution.
Resideo Technologies director Andrew C. Teich reported a stock-based compensation award rather than an open-market trade. He acquired 4,834 stock units valued at $31.545 each under the 2018 Stock Plan for Non-Employee Directors, in lieu of his annual cash retainer fees.
The footnote explains these stock units are fully vested upon grant and will be settled in a lump sum of common shares after his service as a director ends. Following this award, his direct holdings stand at 359,676.631 shares of common stock.
RESIDEO TECHNOLOGIES, INC. director Jack R. Lazar reported an acquisition of 1,010 common stock units on July 1, 2026. The units were granted at $31.545 per unit under the 2018 Stock Plan for Non-Employee Directors in lieu of annual cash retainer fees.
The stock units are fully vested upon grant and will be settled in a lump-sum issuance of common shares after his board service ends. Following this compensation-related grant, Lazar’s direct holdings are reported at 123,188 shares of common stock.
Resideo Technologies outlined key steps to spin off its ADI Global Distribution business and finance the separation. A subsidiary completed a $400 million offering of 7.125% senior notes due 2034, with proceeds held in escrow until spin-off conditions are met or redeemed if not completed by December 31, 2026. ADI’s funding arm also entered into a $600 million senior secured term loan and a $500 million revolving credit facility, with covenants tied to leverage and interest coverage. Net proceeds from the term loan and part of the notes will fund an estimated $900 million cash dividend to Resideo as consideration for contributing the ADI business. The board approved the spin-off record date of July 20, 2026 and expects to distribute one ADI share for every two Resideo shares on August 3, 2026, with ADI to trade on the NYSE under “ADIG.”