4Filed Aug 10, 8:00 PM ET

ADIG Director Walker Brian Charles Receives DRSU Award

$ADIG · ADI GLOBAL DISTRIBUTION INC.

Research Summary

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ADIG Director Walker Brian Charles Receives DRSU Award

What Happened
Director Walker Brian Charles received a grant of 5,825 deferred restricted stock units (DRSUs) on August 7, 2026. The award is recorded at $0.00 on the Form 4 (derivative grant), meaning no cash was paid by the insider. These DRSUs are contingent rights that may convert into shares in the future rather than immediate share ownership.

Key Details

  • Transaction date: August 7, 2026; Transaction code: A (award/grant). Price per unit reported: $0.00.
  • Number of units granted: 5,825 DRSUs.
  • Shares owned after transaction: not specified in the provided filing.
  • Footnotes: (1) Each DRSU represents a contingent right to receive one share. (2) The DRSUs vest on August 7, 2027 and, once vested, will be credited and settled seven months after the reporting person terminates service on the board.
  • Filing date: August 11, 2026 — filed within the SEC’s two-business-day Form 4 window for an August 7 transaction.

Context
DRSUs are a form of equity compensation that do not convey current voting rights or immediate ownership; value depends on future vesting and the company’s stock price. This grant is an award, not a purchase or sale, and does not by itself signal the insider’s trading intent.