secwatch.observer — SEC 8-K summary
======================================

Issuer:     RESIDEO TECHNOLOGIES, INC. (REZI)
CIK:        0001740332
Form:       8-K
Filed at:   2026-08-04T10:19:32+00:00
Accession:  0001213900-26-084874
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 2.01, 3.03, 5.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Resideo completes spin-off of ADI Global Distribution; repays $900M debt
------------------------------------------------------------------------

- Distribution of 1 ADI share for every 2 Resideo shares; ADI begins trading under 'ADIG' on NYSE.
- Resideo repaid $900M of Term Loan B debt; expects additional ~$200M repayment by Q3 2026.
- Preferred stock reduced by 150,000 shares to 350,000 shares; conversion price adjusted to $18.844.
- Thomas Surran becomes President & CEO; Jay Geldmacher transitions to executive advisor.
- CD&R lock-up extended to August 3, 2028; exchange of ADI preferred for Resideo preferred completed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1740332/000121390026084874/0001213900-26-084874-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1740332/000121390026084874/ea0300189-8k_resideo.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-084874

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer