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

Issuer:     RESIDEO TECHNOLOGIES, INC. (REZI)
CIK:        0001740332
Form:       8-K
Filed at:   2024-06-04T23:59:59+00:00
Accession:  0001740332-24-000048
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Resideo reclassifies segment reporting; corporate costs allocated to operating segments retroactively from Q1 2024
--------------------------------------------------------------------------------

- Reallocated IT, finance, tax, business development and R&D costs from corporate to Products & Solutions and ADI Global segments for 2023.
- Reclassified 2023 segment data filed as Exhibit 99; consolidated revenue ($6.24B), net income ($210M), and diluted EPS ($1.42) unchanged.
- Products & Solutions segment revenue decreased 4% YoY; ADI Global revenue decreased 0.5% YoY per revised segment results.
- Change aligns segment performance measures with decentralized business strategy; no amendment to 2023 Form 10-K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1740332/000174033224000048/0001740332-24-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1740332/000174033224000048/rezi-20240604.htm
  HTML page:      https://secwatch.observer/filing/0001740332-24-000048

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