Adeia (NASDAQ: ADEA) legal chief sells 99,342 shares at $31.75

Rhea-AI Filing Summary

Adeia Inc. Chief Legal Officer Kevin Tanji reported an open-market sale of 99,342 shares of Adeia common stock on May 13, 2026 at a weighted average price of $31.75 per share. According to the filing, the shares were sold in multiple transactions at prices ranging from $31.34 to $32.15, inclusive. After these transactions, Tanji directly holds 312,913 shares of Adeia common stock.

Insider Trade Summary

Net Seller: 99,342 shares ($3,154,109)

Net Sell 1 txn

Insider Tanji Kevin

Role Chief Legal Officer

Sold 99,342 shs ($3.15M)

Type	Security	Shares	Price	Value
Sale	Common Stock	99,342	$31.75	$3.15M

Holdings After Transaction: Common Stock — 312,913 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 99,342 shares Weighted average sale price: $31.75 per share Price range: $31.34–$32.15 per share +2 more

5 metrics

Shares sold 99,342 shares Open-market sale on May 13, 2026

Weighted average sale price $31.75 per share Common stock sale on May 13, 2026

Price range $31.34–$32.15 per share Multiple transactions on May 13, 2026

Shares held after transaction 312,913 shares Direct ownership after sale

Net shares sold 99,342 shares Net-sell direction in transaction summary

Key Terms

open-market sale, weighted average price, Common Stock, Form 4

4 terms

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

weighted average price financial

"The price reported is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"This sale was reported in a Form 4 insider filing."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Tanji Kevin

(Last) (First) (Middle)

3025 ORCHARD PARKWAY

(Street)

SAN JOSE CALIFORNIA 95134

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Adeia Inc. [ ADEA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/13/2026		S		99,342	D	$31.75(1)	312,913	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported is a weighted average price. These shares were sold in multiple transactions on May 13, 2026, at prices ranging from $31.34 to $32.15, inclusive.

	/s/ Kevin Tanji	05/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Adeia (ADEA) disclose for Kevin Tanji?

Adeia disclosed that Chief Legal Officer Kevin Tanji sold 99,342 shares of common stock in an open-market transaction on May 13, 2026. The sale was reported on a Form 4 insider filing with the SEC and reflects a routine ownership change.

At what price did Adeia (ADEA) insider Kevin Tanji sell his shares?

Kevin Tanji sold his Adeia shares at a weighted average price of $31.75 per share. The filing notes multiple transactions on May 13, 2026, with prices ranging from $31.34 to $32.15 per share, inclusive, across the executed trades.

How many Adeia (ADEA) shares does Kevin Tanji hold after the reported sale?

Following the reported sale, Chief Legal Officer Kevin Tanji directly holds 312,913 shares of Adeia common stock. This post-transaction holding figure comes from the Form 4 filing and shows his remaining direct equity position after selling 99,342 shares.

Was the Adeia (ADEA) insider trade by Kevin Tanji an open-market sale?

Yes, the Form 4 identifies the transaction as an open-market sale of common stock. The transaction code “S” and description “Sale in open market or private transaction” confirm it was a standard sale rather than an option exercise, gift, or tax-withholding event.

Did the Adeia (ADEA) filing mention options or other derivatives for Kevin Tanji?

The filing’s derivative summary for Kevin Tanji is empty, indicating no derivative securities transactions were reported in this Form 4. The only disclosed activity involves a non-derivative sale of common stock and the updated direct share balance afterward.