ADI Global Distribution Inc: director Cynthia Hostetler received 1,044 shares

What happened

• Cynthia Hostetler, a director, received 1,044 deferred restricted stock units (DRSUs) on Oct 1, 2026. The DRSUs are valued at $17.66 per share, totaling $18,437, and are reported as a derivative award.

Key details

• Transaction date and price: Oct 1, 2026; $17.66 per share; total $18,437.
• Transaction code: A (award/grant/acquisition).
• Derivative: yes — the award is in the form of DRSUs.
• Shares owned after the transaction: not reported in the filing.
• Filing date and report period: filed Oct 5, 2026; period of report Oct 1, 2026.
• Footnotes from the filing:
  • F1: Each deferred restricted stock unit ("DRSU") represents a contingent right to receive one share of ADI Global Distribution Inc common stock.
  • F2: The DRSUs are fully vested and will be credited to the reporting person's account and settled seven months after the reporting person terminates her service on the issuer's board of directors.

Why it may matter

• This was a derivative award of DRSUs that will convert to shares under the settlement terms described in the filing. A filing does not show why the insider traded or why the company acted.