ADIG CEO Robert B. Aarnes Receives 864,038 RSU/PRSU Awards

What Happened

• Robert B. Aarnes, President and Chief Executive Officer of ADI Global Distribution Inc. (ADIG), was granted a total of 864,038 equity awards on August 7, 2026. The filing reports eight derivative awards (code A) totaling 864,038 restricted stock units (RSUs) and performance RSUs (PRSUs) at $0.00 per unit (reported value $0 in the Form 4 because these are contingent awards, not open‑market purchases).

Key Details

• Transaction date: August 7, 2026; Form 4 filed August 11, 2026 (timely filing).
• Awards: eight grants totaling 864,038 RSUs/PRSU (individual grants listed in the filing: 47,483; 220,859; 363,926; 49,442; 44,812; 55,623; 37,082; 44,811).
• Reported price/value: $0.00 per unit on the Form 4 (derivative awards — contingent rights to receive shares).
• Shares owned after transaction: Not disclosed in the provided filing extract.
• Notable footnotes / vesting highlights:
  • F1/F9: RSU/PRSU each represent a contingent right to receive one common share.
  • Some RSUs vest on fixed dates (examples: Aug 3, 2029; Feb 5, 2027; installments on Feb 15, 2027 & Feb 15, 2028; installments on Feb 12, 2027 & Feb 12, 2028; installments on Feb 13, 2027/2028/2029; Feb 12, 2028).
  • PRSUs vest only if performance criteria (relative total shareholder return) are met and if Aarnes remains employed through specified service dates (performance periods end Dec 31, 2027 or Dec 31, 2028; service/vesting dates Feb 12, 2028 and Feb 13, 2029 as applicable).
  • F3: Some awards were converted from Resideo Technologies, Inc. equity in connection with the spin-off.
• Filing timeliness: Filing date (Aug 11) corresponds to the required two-business-day window for an Aug 7 transaction (timely).

Context

• These are compensation awards (RSUs/PRSUs), not open-market purchases or sales. RSUs grant a future right to receive shares upon vesting; PRSUs are performance-based and may never vest if targets aren't met. Such awards are common in executive compensation and do not necessarily signal an immediate market view.