Vanguard Portfolio Management filed a Schedule 13G with the SEC on October 30, 2026, disclosing beneficial ownership of 4,194,773 shares of ADI Global Distribution Inc common stock, representing 5.52% of the class, as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: Vanguard Portfolio Management reported beneficial ownership of 4,194,773 shares of ADI Global Distribution Inc common stock.
  • Percent of class: The reported position represents 5.52% of the outstanding class of common stock.
  • Sole dispositive power: Vanguard Portfolio Management disclosed sole power to dispose of all 4,194,773 shares.
  • Sole voting power: Sole voting power was reported for only 34,628 shares, with shared voting power of 0.
  • Event date: The date of the event requiring the filing was September 30, 2026.
  • Affiliates included: The filing states it reflects securities beneficially owned by Vanguard Portfolio Management LLC and affiliates Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC.

Vanguard Portfolio Management's Reported Position in ADI Global Distribution

According to the Schedule 13G filed October 30, 2026, Vanguard Portfolio Management, organized in Pennsylvania and headquartered at 100 Vanguard Blvd., Malvern, PA, reported an aggregate beneficial ownership of 4,194,773 shares of common stock in ADI Global Distribution Inc (CUSIP 001026103), whose principal executive offices are listed at 275 Broadhollow Rd, Suite 400, Melville, NY 11747. The filing identifies Vanguard Portfolio Management as an investment adviser (type "IA") for purposes of the Schedule 13G classification.

The filing discloses a notable split between voting and dispositive authority. While Vanguard Portfolio Management reported sole dispositive power over the entire 4,194,773-share position, sole voting power was reported for only 34,628 shares. Shared voting power and shared dispositive power were each reported as 0. According to the filing, the securities covered include those held by Vanguard funds, or sleeves thereof, over which Vanguard Portfolio Management LLC exercises dispositive power, as well as securities held by clients of its affiliates or business divisions.

The filing states that "investment companies registered under the Investment Company Act of 1940 and other managed accounts" associated with Vanguard Portfolio Management "have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein," and that "no one other person's interest in the securities reported herein is more than 5%." The statement was signed by My Trieu-Gatt, Authorized Signatory and Head of Global Fund Administration, on October 30, 2026.

What Was Disclosed

Vanguard Portfolio Management filed a Schedule 13G disclosing beneficial ownership of 4,194,773 shares, or 5.52%, of ADI Global Distribution Inc common stock as of September 30, 2026, with sole dispositive power over all shares and sole voting power over 34,628 shares.