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AI brief of an SEC Form 8-K · ADI Global Distribution (ADIG)

ADI Global Distribution completes Resideo spin-off and begins trading as ADIG

Neutral Impact 4 of 5 restructuring Written later

ADI Global Distribution completed its separation from Resideo on August 3, 2026, when Resideo shareholders received ADI common stock and ADI began trading on the NYSE under the symbol ADIG. To fund a $900 million cash dividend paid to Resideo, ADI's subsidiary issued $400 million of 7.125% senior notes due 2034 and ADI borrowed a $600 million term loan under a credit agreement that also includes a $500 million revolving facility. The filing shows ADI is now an independent company with a new debt load, a new eight-member board, and a large preferred-equity stake held by the CD&R Group.

Key points

  • Resideo shareholders received one ADI common share for every two Resideo shares held as of the July 20, 2026 record date; fractional shares were sold and the cash proceeds distributed.
  • ADI issued $400 million of 7.125% senior notes due 2034 and funded a $600 million term loan, with the notes proceeds released from escrow on August 3, 2026.
  • ADI paid a one-time $900 million cash dividend to Resideo as partial consideration for assets and liabilities transferred to ADI.
  • The CD&R Group will hold shares and ADI preferred stock representing about 19.69% of total voting power on an as-converted basis, with two directors designable.

The filing

CompanyADI Global Distribution (ADIG)
Form8-K, current report
Filed with the SECAug 4, 2026, 6:31 AM ET
Accession number0001213900-26-084882

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation3.02 Unregistered Equity Sale3.03 Change to Shareholder Rights5.01 Change in Control5.02 Director / Officer Change5.03 Bylaw / Charter Amendment5.05 Code of Ethics Change7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.