ADIG Director Christine Gorjanc Receives RSU Award

What Happened
Christine Gorjanc, a director of ADI Global Distribution Inc. (ADIG), received a grant of 5,825 restricted stock units (RSUs) on August 7, 2026. The award shows an acquisition price of $0.00 (i.e., no cash was paid); the filing treats this as a derivative award rather than an immediate stock purchase. The grant itself has no immediate cash value recorded in the Form 4.

Key Details

• Transaction date: August 7, 2026; Form 4 filed August 11, 2026 (appears to be filed within the SEC’s two-business-day window).
• Transaction type/code: A (award/grant, derivative security).
• Quantity and price: 5,825 RSUs at $0.00 (no cash paid).
• Footnotes: Each RSU is a contingent right to one share of ADIG common stock; RSUs vest on August 7, 2027.
• Shares owned after transaction: Not specified in the provided filing.
• No indication of a 10b5-1 plan, tax withholding, cashless exercise, or late filing noted in this record.

Context
RSUs are compensation awards that convert into actual shares only upon vesting (here, one year after grant). Because RSUs are not immediate open-market purchases or sales, they are typically part of routine director/executive compensation rather than a direct market sentiment signal. Retail investors should note the vesting date and potential future share issuance when assessing dilution or insider alignment.