Form 4: ADEA CFO Keith Jones withholds 29,519 shares for taxes at $12.34
Rhea-AI Filing Summary
Keith A. Jones, identified as an officer with the title Chief Financial Officer, reported a transaction in Adeia Inc. (ADEA) dated 08/01/2025. The Form 4 shows 29,519 shares were withheld to satisfy tax withholding obligations in connection with the release of shares subject to vesting. The transaction row lists a price of $12.34 and uses transaction code F.
After the reported withholding, the Form 4 shows 366,335 shares beneficially owned by the reporting person. The filing is signed by an attorney-in-fact as the reporting representative.
Positive
- Retained significant stake: Reporting person still holds 366,335 shares following the transaction
- Transaction explained: Form 4 includes an explicit explanation that shares were withheld to satisfy tax withholding upon vesting
Negative
- Reduction in immediate share count: 29,519 shares were withheld to satisfy taxes, reducing the reporting person's available shares
Insights
TL;DR: Routine tax-withholding of vested shares; no open-market sale reported, leaving substantial insider ownership.
The Form 4 documents a non-sale transaction where 29,519 shares were withheld to satisfy tax obligations tied to share vesting, recorded at $12.34 per the transaction row. Such withholdings are a common compensation-related accounting step and do not represent an active disposition to the market. The reporting person retains 366,335 shares after the action, preserving insider exposure. Impact on investors is limited and administrative in nature based on the information provided.
TL;DR: Disclosure is routine and compliant; transaction reflects compensation mechanics rather than a change in strategic ownership.
The filing names Keith A. Jones as an officer (Chief Financial Officer) and documents the release-and-withhold mechanism: shares subject to vesting were released and 29,519 shares withheld for taxes as explained in the form. The Form 4 records the resulting 366,335 shares beneficially owned. From a governance and compliance perspective, the submission and the explanatory footnote align with standard insider reporting practices and contain no additional governance events or changes in control disclosed in this filing.