Adeia Inc. filings document an intellectual property licensing business focused on semiconductor and media technologies. Form 8-K reports furnish operating results and financial condition updates, license-agreement announcements, patent litigation matters, litigation settlements and capital allocation actions tied to the company's licensing model.
Proxy and annual-meeting filings cover board elections, executive compensation advisory votes, equity incentive plan amendments, auditor ratification and related governance disclosures. Other current reports record executive and organizational changes, severance arrangements, stockholder voting outcomes and Regulation FD disclosures for material business events.
Adeia Inc. Chief Executive Officer Dipti Vachani received a direct grant of 173,740 restricted stock units on October 12, 2026. The units vest in four equal installments on the first, second, third and fourth anniversaries of the grant date. Her reported direct position following the transaction was 173,740 shares.
Adeia Inc. appointed Dipti Vachani as chief executive officer and director, effective October 12, 2026; Paul E. Davis’s resignation from both roles is effective the same day. Davis will serve as a consultant through December 31, 2026, for a fixed fee of $183,000.
Beginning October 12, Vachani’s annual base salary is $730,000, with a target bonus equal to 100% of salary based on company financial objectives and individual objectives set by the Board; her fiscal 2026 bonus will be prorated for her active employment. Her equity awards have an aggregate target grant date value of $11,000,000: $4,400,000 in time-based restricted stock units vesting over four years and $6,600,000 in performance-based units tied to a three-year performance period and continued employment. For qualifying terminations, the planned severance agreement provides cash equal to 150% of salary plus target bonus if the termination is more than three months before or more than twelve months after a change in control, and 200% if it is within three months before or twelve months following one.
Ameriprise Financial, Inc., through its investment adviser subsidiary Columbia Management Investment Advisers, LLC (CMIA) and Columbia Seligman Technology and Information Fund, filed an amended ownership report on Adeia Inc. common stock. AFI reports beneficial ownership of 13,713,908 shares, representing 12.4% of Adeia’s common stock, primarily via accounts managed by CMIA. CMIA reports beneficial ownership of 12,866,172 shares (11.7%), and the Fund directly owns 8,147,793 shares (7.4%) as of June 30, 2026. The report explains that AFI and CMIA may be deemed to beneficially own these shares in their roles as parent holding company and investment adviser, while each disclaims beneficial ownership.
ADEIA INC received a Schedule 13G filing reporting that FMR LLC and Abigail P. Johnson are beneficial owners of a significant position in the company’s common stock. FMR LLC reports beneficial ownership of 5,996,066.35 shares of common stock, representing 5.4% of the class outstanding.
FMR LLC has sole dispositive power over 5,996,066.35 shares and sole voting power over 5,990,702 shares, with no shared voting or dispositive power. Abigail P. Johnson is reported with sole dispositive power over the same 5,996,066.35 shares, but no voting power, reflecting her control position over FMR LLC and its subsidiaries.
One or more other persons have the right to receive dividends or sale proceeds from these ADEIA INC shares, but no single such person holds more than 5% of the total outstanding common stock. Subsidiaries involved in acquiring the securities are identified in an attached Exhibit 99 under the parent holding company structure.
Adeia Inc. generated revenue of 96,117 (in thousands) for the quarter ended June 30, 2026, up from 85,735 a year earlier. Non-recurring IP licensing, including past infringement resolutions, rose to 22,593, while recurring revenue declined to 73,524. Media licensing contributed 81,317 and Semiconductor licensing 14,800. Net income was 17,366 versus 16,722, with diluted EPS of 0.15.
For the first half of 2026, revenue was 200,889 and net income 40,139. Operating cash flow increased to 113,122, supporting cash, cash equivalents and marketable securities totaling $137.1 million at June 30, 2026. Gross Term Loan B debt outstanding was 392,552 (with 365,029 classified as long term). Remaining performance obligations were 519,112. Adeia paid dividends of 0.05 per common share and repurchased approximately 0.8 million shares for $20.0 million, leaving $140.0 million available under its authorization.
Adeia Inc. Chief Financial Officer Keith A. Jones reported a tax-withholding disposition of 29,578 shares of common stock on August 1, 2026 at $26.65 per share. The shares were withheld to satisfy tax obligations upon vesting, and he now directly holds 552,189 shares.
Adeia Inc. reported Q2 2026 revenue of $96.1 million, with GAAP net income of $17.4 million and GAAP diluted EPS of $0.15. Non-GAAP net income was $39.1 million, or $0.34 per diluted share, and adjusted EBITDA reached $56.4 million, a 59% margin. Operating cash flow was $54.6 million.
The company signed six license agreements, including a multi-year renewal with Google covering YouTube TV and a multi-year RPX agreement adding 10 new e-commerce customers, plus new deals with L'Oréal and other media and consumer electronics partners. Non-Pay-TV recurring revenue grew 54% year-over-year.
Adeia raised its long-term annual revenue outlook to $600 million, targeting $200 million from semiconductors and $400 million from media, and reiterated its 2026 revenue outlook of $395.0-435.0 million, GAAP net income of $57.2-80.4 million, and adjusted EBITDA of $213.4-245.4 million. During the quarter it reduced term-loan principal by $6.1 million, ending at $392.6 million, repurchased $10.0 million of stock, and paid a quarterly dividend of $0.05 per share.
Adeia Inc. approved amended and restated severance agreements for Chief Financial Officer Keith A. Jones, Chief Revenue Officer Dr. Mark Kokes, and Chief Legal Officer and Secretary Kevin Tanji, as authorized by the Compensation Committee on July 22, 2026.
Under these agreements, if an executive experiences a Qualifying Termination, unvested equity awards scheduled to vest within 12 months will accelerate, including certain performance-based awards. For performance-based equity, completed fiscal-year goals vest based on actual performance, while remaining goals vest at the greater of target or actual performance, as determined by the company. In a CIC Qualifying Termination tied to a Change in Control, existing full acceleration of all equity continues, with performance-based vesting levels determined using the same actual-versus-target framework.