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AI brief of an SEC Form 8-K · Resideo Technologies (REZI)

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

Neutral Impact 4 of 5 m&a Written later

Resideo completed the spin-off of ADI Global Distribution on August 3, 2026, and ADI began regular-way trading on the New York Stock Exchange as ADIG on August 4, 2026. Resideo says it is now a pure-play building technologies company, and its shares continue to trade as REZI. The separation also included a $900 million repayment of Term Loan B debt and a change in leadership, with Tom Surran serving as both CEO and principal financial officer.

Key points

  • Holders of record on July 20, 2026 received one ADI common share for every two Resideo common shares held
  • Resideo repaid $900 million of Term Loan B principal and expects a further repayment of approximately $200 million by the end of its third fiscal quarter
  • Resideo Series A Cumulative Convertible Participating Preferred Stock was reduced to 350,000 shares outstanding, with the conversion price adjusted to $18.844
  • Jay Geldmacher retired as CEO and Thomas Surran became CEO effective August 3, 2026

The filing

CompanyResideo Technologies (REZI)
Form8-K, current report
Filed with the SECAug 4, 2026, 6:19 AM ET
Accession number0001213900-26-084874

Items reported: 1.01 Material Definitive Agreement2.01 Acquisition or Disposition Completed3.03 Change to Shareholder Rights5.02 Director / Officer Change7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing 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 and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.