Analog Devices (NASDAQ: ADI) director updates Form 3 share count
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
Analog Devices Inc. director Andrea F. Wainer filed an amended Form 3 to correct her reported stock ownership. The initial filing overstated her directly owned common shares by 18 due to an administrative error. This amendment updates her direct beneficial ownership to 233 shares as of January 9, 2025, and notes that the same 18-share overstatement also appeared in her Forms 4 filed on February 19, 2025 and March 14, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wainer Andrea F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Comm Stock - $.16-2/3 value | -- | -- | -- |
Holdings After Transaction:
Comm Stock - $.16-2/3 value — 233 shares (Direct)
Footnotes (1)
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FAQ
What does the amended Form 3 for ADI director Andrea F. Wainer change?
It corrects Andrea F. Wainer’s reported direct stock ownership in Analog Devices. The original Form 3 overstated her holdings by 18 shares, and the amendment updates the accurate aggregate number of shares she beneficially owned as of January 9, 2025.
Why was Andrea F. Wainer’s original ADI Form 3 incorrect?
The original Form 3 was incorrect because it overstated the number of securities in Column 2 by 18 shares. The filing states this resulted from an administrative error, prompting this Form 3/A amendment to correct her reported direct beneficial ownership.
How does the Form 3/A amendment for ADI relate to Andrea F. Wainer’s Forms 4?
The amendment explains that the same 18 extra shares were also included in Andrea F. Wainer’s Forms 4 filed on February 19, 2025 and March 14, 2025. It clarifies her correct aggregate share count as of January 9, 2025 for consistency across filings.
Does the ADI Form 3/A indicate new stock purchases or sales by Andrea F. Wainer?
The Form 3/A does not indicate new stock purchases or sales. Instead, it corrects a prior administrative error in the reported number of directly beneficially owned shares, bringing the total to 233 shares as of January 9, 2025.