--- schema_version: "secwatch.filing_event.v1" accession: "0001213900-26-065300" form_type: "8-K" ticker: "REZI" cik: "0001740332" company_name: "RESIDEO TECHNOLOGIES, INC." filed_at: "2026-06-04T20:18:11+00:00" generated_at: "2026-06-04T20:54:28.169666+00:00" event_type: "debt" sentiment: "neutral" materiality_score: 0.75 calibrated_materiality_score: 0.75 confidence: "high" source: SEC EDGAR --- # Resideo enters $2.827B credit amendment to facilitate ADI spin-off; appoints new CEO ## Summary - Second Amended and Restated Credit Agreement: $518M, $590M, $1,219M term loans plus new $500M undrawn revolver, total $2.827B. - Maturities: revolver 5 years (2031); term loans 2028, 2031, 2032. Interest: SOFR+2.00% pre-spin, 2.25% post-spin. - Financial covenants: total leverage ratio max 3.50:1 pre-spin, steps to 4.75:1 post-spin, then to 4.00:1; 50% excess cash flow prepayment. - Thomas Surran named CEO effective upon spin-off (mid-Q3 to mid-Q4 2026); base salary $900k, bonus target 135%, $1.583M LTI RSU award. - Spin-off of ADI Global Distribution segment expected mid-Q3 to mid-Q4 2026; proceeds from new ADI debt will prepay term loans. ## SEC filing metadata - accession: 0001213900-26-065300 - form_type: 8-K - ticker: REZI - cik: 0001740332 - company_name: RESIDEO TECHNOLOGIES, INC. - filed_at: 2026-06-04T20:18:11+00:00 - event_type: debt - sentiment: neutral - materiality_score: 0.75 - calibrated_materiality_score: 0.75 - confidence: high - sec_items: 1.01, 2.03, 5.02, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1740332/000121390026065300/0001213900-26-065300-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1740332/000121390026065300/ea0293379-8k_resideo.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001213900-26-065300 - JSON: https://secwatch.observer/filing/0001213900-26-065300.json - Plain text: https://secwatch.observer/filing/0001213900-26-065300.txt ## Key facts - Executive change Jay Geldmacher resigned as Director at RESIDEO TECHNOLOGIES, INC.. - Action: resigned - Role: Director source text: Mr. Surran will succeed Jay Geldmacher, who will transition to an executive advisor role and will resign from the Board following the appointment of Mr. Surran upon consummation of the ADI Spin-Off Transaction, pursuant to the terms of a previously announced transition arrangement. evidence_url: https://www.sec.gov/Archives/edgar/data/1740332/000121390026065300/0001213900-26-065300-index.htm - Executive change Thomas Surran was appointed as President and Chief Executive Officer at RESIDEO TECHNOLOGIES, INC.. - Action: appointed - Role: President and Chief Executive Officer source text: the Board of Directors (the “Board”) of the Company approved the appointment of Thomas Surran as President and Chief Executive Officer of the Company and as a director of the Company, in each case effective upon consummation of the ADI Spin-Off Transaction (the “Separation Date”). evidence_url: https://www.sec.gov/Archives/edgar/data/1740332/000121390026065300/0001213900-26-065300-index.htm - Executive change Thomas Surran was appointed as Director at RESIDEO TECHNOLOGIES, INC.. - Action: appointed - Role: Director source text: the Board of Directors (the “Board”) of the Company approved the appointment of Thomas Surran as President and Chief Executive Officer of the Company and as a director of the Company, in each case effective upon consummation of the ADI Spin-Off Transaction (the “Separation Date”). evidence_url: https://www.sec.gov/Archives/edgar/data/1740332/000121390026065300/0001213900-26-065300-index.htm - Executive change Jay Geldmacher resigned as Chief Executive Officer at RESIDEO TECHNOLOGIES, INC.. - Action: resigned - Role: Chief Executive Officer source text: Mr. Surran will succeed Jay Geldmacher, who will transition to an executive advisor role and will resign from the Board following the appointment of Mr. Surran upon consummation of the ADI Spin-Off Transaction, pursuant to the terms of a previously announced transition arrangement. evidence_url: https://www.sec.gov/Archives/edgar/data/1740332/000121390026065300/0001213900-26-065300-index.htm - Material Agreements RESIDEO TECHNOLOGIES, INC. amended Second Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent valued at up to approximately $2,827 million (effective 2026-06-04). - Action: amendment - Agreement: credit facility - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent - Value: up to approximately $2,827 million - Effective: 2026-06-04 source text: On June 4, 2026 (the “Second Amendment and Restatement Effective Date”), Resideo Technologies, Inc. (the “Company”) entered into that certain Second Amendment and Restatement Agreement, by and among the Company, Resideo Holding Inc., a Delaware corporation, Resideo Intermediate Holding Inc., a Delaware corporation, Resideo Funding Inc., a Delaware corporation (the “Borrower”), the lenders and issuing banks party thereto, and JPMorgan Chase Bank, N.A., as administrative agent (the “Second Amendment and Restatement Agreement”), which amended and restated in its entirety that certain Amended and Restated Credit Agreement, dated as of February 12, 2021 (as amended, the “Existing Credit Agreement” and the Existing Credit Agreement as amended and restated by the Second Amendment and Restatement Agreement, the “Second Amended and Restated Credit Agreement” and the transactions contemplated thereby, the “Refinancing”). evidence_url: https://www.sec.gov/Archives/edgar/data/1740332/000121390026065300/0001213900-26-065300-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.