4Filed Aug 10, 8:00 PM ET
ADI Global Distribution (ADIG) Director Michael C. Kaufmann Receives 5,825 RSU Award
$ADIG · ADI GLOBAL DISTRIBUTION INC.Research Summary
AI-generated summary of this SEC filing
ADI Global Distribution (ADIG) Director Michael C. Kaufmann Receives 5,825 RSU Award
What Happened
- Michael C. Kaufmann, a director of ADI Global Distribution Inc. (ADIG), received a grant of 5,825 restricted stock units (RSUs) on August 7, 2026. The RSUs were issued at no cash cost ($0.00) and represent contingent rights to receive common shares in the future.
Key Details
- Transaction date: 2026-08-07 (reported in Form 4 filed 2026-08-11). The filing appears timely (filed within the SEC’s 2-business-day window).
- Transaction type/code: A — Award/Grant of derivative securities (RSUs).
- Amount: 5,825 RSUs granted at $0.00 (no immediate cash paid).
- Vesting: RSUs will vest on August 7, 2027 (see footnote F2).
- What an RSU is: Each RSU represents a contingent right to receive one share of ADIG common stock upon vesting (footnote F1).
- Shares owned after transaction: Not specified in the filing.
Context
- This grant is a compensation award (derivative RSUs) rather than an open‑market purchase or sale; it does not signal an immediate cash investment or liquidity event. The economic value will depend on ADIG’s share price when (and if) the RSUs vest and are settled.