Adi Global Distribution Inc.: director Walker Brian Charles received 930 shares

What happened

• Walker Brian Charles, a director, received 930 deferred restricted stock units (DRSUs) as a derivative award (transaction code A). The filing lists a price of $17.66 per unit and a total value of $16,424.

Key details

• Transaction date and price: Oct 1, 2026; $17.66 per DRSU; total $16,424.
• Shares owned after the transaction: not reported in this filing.
• Footnotes from the filing:
  • F1: Each DRSU represents a contingent right to receive 1 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 7 months after the reporting person terminates his service on the issuer's board of directors.
• Filing date and timeliness: filed Oct 5, 2026; the filing does not indicate a late filing status.

Why it may matter

• This was a grant of DRSUs (derivative award), not a market purchase or sale.
• The DRSUs are fully vested per the filing but settlement is contingent and delayed per the footnote.
• A filing does not show why the insider traded or why the company acted.