ADI Global Distribution ADIG
-0.6%vs Day 1Spinoff of Resideo (REZI) · Classic Spinoff · Spun Aug 3, 2026
Leading North American security/low-voltage distributor, but the amended Form 10 discloses a 6.6% adjusted EBITDA margin, a $261M FY2025 net loss and ~$1.0B of separation debt
Current Stats
Post-Spinoff Performance
| Timeline | |
| Spinoff date | August 4, 2026 · NYSE |
| Days since spinoff | 55 days |
| Structure | Classic Spinoff |
| §355(e) window closes statutory; a tax matters agreement may bar more, and for longer | August 4, 2028 |
| Parent | Resideo (REZI) |
| Day-1 reaction | |
| Day 1 price (close) | $22.00 |
| Day 1 range | $21.00 – $26.00 +23.8% spread |
| Day 1 low held? | Breached after 9 sessions to -7.0% below |
| Price levels | |
| Post-spin low (closing) | $19.55 on Sep 25, 2026 · 52 days post-spin |
| Current price (Sep 25, 2026) | $19.55 |
| Returns | |
| Return vs Day 1 (close) | -11.1% |
| — range by day 1 entry theoretical bounds | -24.8% to -6.9% |
| Return vs post-spin low | +0.0% |
| Versus benchmarks | |
| S&P 500 over same window | +0.3% |
| Shares & ownership | |
| Free float | 75,882,959 100% of shares outstanding |
| Held by institutions | 24% insiders 0.0% |
| Volume & liquidity | |
| Traded per day 20-session median | $15M |
| Normal volume baseline, provisional | 759,050 shares · now 0.94x |
| Day 1 volume | 3.7x normal · first week 2.5x |
| Decay | half in 3 sessions · normal by 14 |
Computed from split-adjusted closing prices. Returns are total return — (end price + dividends received − start price) ÷ start price — with no reinvestment assumed.
Price History
Closing price, split-adjusted, with volume below. No dividends have been paid, so price return and total return are the same. Source: Yahoo Finance. Data through Sep 26, 2026.
Raw daily price & volume data
| Date | Open | High | Low | Close | Volume | Dividend | Split |
|---|---|---|---|---|---|---|---|
| 2026-09-25 | $20.74 | $20.85 | $19.53 | $19.55 | 573,300 | — | — |
| 2026-09-24 | $20.52 | $20.62 | $20.01 | $20.46 | 747,000 | — | — |
| 2026-09-23 | $21.11 | $21.47 | $20.42 | $20.68 | 462,900 | — | — |
| 2026-09-22 | $20.92 | $21.54 | $20.71 | $21.02 | 838,200 | — | — |
| 2026-09-21 | $21.07 | $21.38 | $20.60 | $20.92 | 663,200 | — | — |
| 2026-09-18 | $21.45 | $21.45 | $20.41 | $20.70 | 1,214,400 | — | — |
| 2026-09-17 | $21.39 | $22.31 | $21.39 | $21.64 | 828,900 | — | — |
| 2026-09-16 | $20.33 | $21.67 | $20.33 | $20.99 | 768,900 | — | — |
| 2026-09-15 | $20.46 | $20.67 | $20.03 | $20.44 | 856,900 | — | — |
| 2026-09-14 | $20.65 | $21.11 | $20.16 | $20.35 | 635,100 | — | — |
| 2026-09-11 | $21.43 | $21.61 | $20.33 | $20.53 | 713,800 | — | — |
| 2026-09-10 | $20.25 | $21.52 | $20.25 | $21.41 | 505,000 | — | — |
| 2026-09-09 | $20.63 | $21.00 | $20.17 | $20.66 | 652,800 | — | — |
| 2026-09-08 | $20.50 | $21.34 | $20.26 | $20.89 | 679,400 | — | — |
| 2026-09-04 | $20.39 | $21.33 | $20.39 | $20.65 | 384,900 | — | — |
| 2026-09-03 | $21.49 | $21.88 | $20.21 | $20.42 | 636,000 | — | — |
| 2026-09-02 | $20.41 | $21.61 | $20.39 | $21.28 | 1,005,900 | — | — |
| 2026-09-01 | $21.86 | $22.42 | $20.09 | $20.34 | 1,144,700 | — | — |
| 2026-08-31 | $22.19 | $22.65 | $21.22 | $21.87 | 1,136,900 | — | — |
| 2026-08-28 | $22.10 | $22.38 | $21.54 | $22.11 | 712,800 | — | — |
| 2026-08-27 | $21.98 | $22.33 | $21.18 | $21.88 | 610,400 | — | — |
| 2026-08-26 | $21.78 | $22.31 | $20.80 | $21.59 | 994,700 | — | — |
| 2026-08-25 | $21.79 | $23.05 | $21.79 | $22.27 | 763,800 | — | — |
| 2026-08-24 | $21.23 | $23.16 | $21.23 | $22.10 | 754,300 | — | — |
| 2026-08-21 | $22.47 | $23.49 | $21.09 | $21.12 | 985,500 | — | — |
| 2026-08-20 | $21.16 | $23.24 | $21.16 | $22.59 | 1,500,500 | — | — |
| 2026-08-19 | $20.82 | $21.96 | $20.26 | $21.36 | 958,800 | — | — |
| 2026-08-18 | $21.15 | $21.67 | $20.21 | $20.50 | 1,569,300 | — | — |
| 2026-08-17 | $21.41 | $22.34 | $20.56 | $21.43 | 1,689,500 | — | — |
| 2026-08-14 | $25.56 | $25.56 | $21.17 | $21.24 | 2,516,800 | — | — |
| 2026-08-13 | $23.82 | $26.58 | $22.57 | $25.82 | 1,925,800 | — | — |
| 2026-08-12 | $28.62 | $29.18 | $25.02 | $25.24 | 1,220,300 | — | — |
| 2026-08-11 | $29.49 | $30.99 | $27.03 | $27.92 | 1,507,300 | — | — |
| 2026-08-10 | $28.34 | $28.91 | $27.18 | $28.27 | 3,017,800 | — | — |
| 2026-08-07 | $26.31 | $27.46 | $26.31 | $27.03 | 819,100 | — | — |
| 2026-08-06 | $26.12 | $27.23 | $25.75 | $26.30 | 1,272,200 | — | — |
| 2026-08-05 | $22.67 | $25.75 | $22.01 | $24.98 | 1,511,000 | — | — |
| 2026-08-04 | $21.25 | $26.00 | $21.00 | $22.00 | 2,805,800 | — | — |
| 2026-08-03 | $21.73 | $23.58 | $21.73 | $22.06 | 11,700 | — | — |
Close is split-adjusted to current shares. It is not dividend-adjusted: dividends are listed separately, so total return is (end price + dividends received − start price) ÷ start price, checkable by hand. Volume is as-traded.
Post Spin Analysis
Compiled from tracked data as of the August 31, 2026 close.
The move
ADI Global Distribution separated from Resideo (REZI) on August 3, 2026 as a classic spinoff, listing on NYSE. It closed its first regular-way session at $22.00 and set a post-spin low of $20.50 on Aug 18, 2026, 14 days after the spin. It last traded at $21.87 (Aug 31, 2026), -0.6% against the Day-1 close and +6.7% off the low.
The trough landed inside the first month and the shares have recovered since — the forced-selling pattern this site tracks, where index and mandate-constrained holders sell a newly distributed stock before dedicated buyers arrive. The recovery has not yet carried it back to its first close.
What we graded it
Carried across 3 reports from May 2026 to August 2026. The grade held at B throughout. Current rating: HOLD.
⚠ Auto-generated profile — not editorially reviewed.
This summary is compiled automatically from our tracked report data. A reviewed in-depth profile is planned. For further detail ▸ read the Aug 31, 2026 report.