ADI Global (ADIG) Executive VP Jeannine Lane Receives Equity Awards

What Happened
Jeannine J. Lane, Executive Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer of ADI Global Distribution Inc. (ADIG), was granted a total of 288,531 equity units on August 7, 2026. The filing lists six derivative awards (RSUs and PRSUs) at an acquisition price of $0.00 (awards, not purchases or sales). These grants are recorded as contingent rights to receive shares if vesting and/or performance conditions are met.

Key Details

• Transaction date: August 7, 2026; Form 4 filed August 11, 2026 (appears to be filed after the typical 2-business-day window).
• Awards granted (each at $0.00): 130,507; 33,710; 30,553; 37,924; 25,283; and 30,554 — total 288,531 units.
• Each RSU/PRSU represents a contingent right to one share if/when it vests.
• Vesting and other notes from the filing: several RSU grants vest on February 5, 2027; others vest in installments on Feb 12/13 of 2027–2029; certain PRSUs vest only if performance criteria (relative total shareholder return) are met and the reporting person remains employed on the applicable vesting date (performance periods end Dec 31, 2027 or Dec 31, 2028). Some awards were converted from prior Resideo Technologies, Inc. awards.
• Shares owned following the reported transaction are not specified in the provided filing.

Context
These transactions are awards (compensation/converted equity), not open-market buys or sales — they do not represent an immediate cash outlay or cash proceeds. RSUs convert to actual shares only upon satisfying vesting dates/conditions; PRSUs also require performance thresholds to be met. Awards converted from a prior employer (Resideo) reflect treatment in the spin-off rather than new cash purchases.