08/11/2026 | Press release | Distributed by Public on 08/11/2026 15:54
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Stock Units | (1) | 08/07/2026 | A | 5,825 | (2) | (2) | Common Stock | 5,825 | $ 0 | 5,825 | D(3) | ||||
| Restricted Stock Units | (1)(4) | 08/07/2026 | A | 8,004 | (5) | (5) | Common Stock | 8,004 | $ 0 | 8,004 | D(3) | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Sleeper Nathan K 275 BROADHOLLOW RD SUITE 400 MELVILLE, NY 11747 |
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| /s/ Jeannine J. Lane, as attorney-in-fact | 08/11/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Each restricted stock unit ("RSU") represents a contingent right to receive one share of ADI Global Distribution Inc. (the "Issuer") common stock. |
| (2) | The RSUs will vest on August 7, 2027. |
| (3) | The Reporting Person holds the RSUs for the benefit of, and is obligated to transfer the shares of Issuer common stock received in settlement thereof to, CD&R Channel Holdings, L.P. or an affiliate thereof, and the Reporting Person therefore disclaims beneficial ownership of the reported securities. |
| (4) | Represents equity awards originally granted by Resideo Technologies, Inc. ("Resideo") that have been converted into equity awards of the Issuer in connection with the spin-off of the Issuer from Resideo. |
| (5) | The RSUs vest on the earlier of June 3, 2027 or the date of the Issuer's 2027 annual meeting of stockholders. |