ADI Global Distribution (ADIG) Director Cynthia Hostetler Receives Award

What Happened Cynthia Lynn Hostetler, a director of ADI Global Distribution Inc. (ADIG), received three awards of deferred restricted stock units (DRSUs) on August 7, 2026 totaling 37,413 DRSUs (5,825 + 8,004 + 23,584). Each DRSU is a contingent right to receive one share of ADIG common stock; the awards were granted at $0 (derivative awards) and the Form 4 reports $0 purchase value. These are grants/awards (transaction code A), not open-market purchases or sales.

Key Details

• Transaction date: August 7, 2026. Filing date (Form 4): August 11, 2026 (timely within required reporting window).
• Amounts: 5,825 DRSUs; 8,004 DRSUs; 23,584 DRSUs — total 37,413 DRSUs. Reported price: $0 (derivative awards).
• Vesting/settlement (per footnotes): one block vests on August 7, 2027; another vests on the earlier of June 3, 2027 or the 2027 annual meeting; one block is already vested. Once vested, the DRSUs will be credited and converted into shares and will be settled seven months after the director terminates service on the board. Some awards were converted from Resideo Technologies, Inc. in the company spin-off.
• Shares owned after transaction: not specified in this filing.
• Filing timeliness: filing appears timely (filed Aug 11 for an Aug 7 transaction).

Context DRSUs are deferred/derivative awards that convert to shares upon vesting and settlement; they are compensation rather than a cash purchase by the insider. Such grants are common for directors and do not, by themselves, indicate buying or selling sentiment.