Analog Devices (NASDAQ: ADI) director logs 10b5-1 stock sales in January

Rhea-AI Filing Summary

Analog Devices director Ray Stata reported a series of open-market sales of common stock in mid-January 2026 under a pre-arranged trading plan. On January 13 and 14, 2026, he sold multiple blocks of Analog Devices common stock at weighted average prices ranging from $293.984 to $301.895 per share, as disclosed in separate transactions.

The sales were made pursuant to a Rule 10b5-1 trading plan adopted on January 9, 2025, which is designed to allow insiders to sell shares according to a preset schedule. Following these transactions, Stata beneficially owned 126,946 shares directly and an additional 652,221 shares indirectly reported as held "By Mrs. Stata Directly."

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

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

X

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^*

STATA RAY

(Last) (First) (Middle)

ONE ANALOG WAY

(Street)

WILMINGTON MA 01887

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ANALOG DEVICES INC [ ADI ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
01/13/2026

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

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

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

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
Comm Stock - $.16-2/3 value	01/13/2026		S		1,043(1)	D	$295.7833(2)	132,153	D
Comm Stock - $.16-2/3 value	01/13/2026		S		615(1)	D	$296.7448(3)	131,538	D
Comm Stock - $.16-2/3 value	01/13/2026		S		809(1)	D	$297.9089(4)	130,729	D
Comm Stock - $.16-2/3 value	01/13/2026		S		462(1)	D	$298.6984(5)	130,267	D
Comm Stock - $.16-2/3 value	01/13/2026		S		56(1)	D	$299.685(6)	130,211	D
Comm Stock - $.16-2/3 value	01/13/2026		S		112(1)	D	$301.0975(7)	130,099	D
Comm Stock - $.16-2/3 value	01/13/2026		S		28(1)	D	$301.895	130,071	D
Comm Stock - $.16-2/3 value	01/14/2026		S		579(1)	D	$293.984(8)	129,492	D
Comm Stock - $.16-2/3 value	01/14/2026		S		1,201(1)	D	$294.7987(9)	128,291	D
Comm Stock - $.16-2/3 value	01/14/2026		S		218(1)	D	$296.032(10)	128,073	D
Comm Stock - $.16-2/3 value	01/14/2026		S		666(1)	D	$296.8954(11)	127,407	D
Comm Stock - $.16-2/3 value	01/14/2026		S		461(1)	D	$297.7257(12)	126,946	D
Comm Stock - $.16-2/3 value								652,221	I	By Mrs. Stata Directly

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. These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.

2. These shares were disposed of in multiple transactions at actual sales prices ranging from $295.23 to $296.225 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

3. These shares were disposed of in multiple transactions at actual sales prices ranging from $296.26 to $297.195 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

4. These shares were disposed of in multiple transactions at actual sales prices ranging from $297.345 to $298.29 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

5. These shares were disposed of in multiple transactions at actual sales prices ranging from $298.375 to $299.34 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

6. These shares were disposed of in multiple transactions at actual sales prices ranging from $299.39 to $299.98 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

7. These shares were disposed of in multiple transactions at actual sales prices ranging from $300.67 to $301.345 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

8. These shares were disposed of in multiple transactions at actual sales prices ranging from $293.365 to $294.365 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

9. These shares were disposed of in multiple transactions at actual sales prices ranging from $294.41 to $295.40 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

10. These shares were disposed of in multiple transactions at actual sales prices ranging from $295.415 to $296.385 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

11. These shares were disposed of in multiple transactions at actual sales prices ranging from $296.46 to $297.42 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

12. These shares were disposed of in multiple transactions at actual sales prices ranging from $297.48 to $298.035 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

Remarks:

	/s/ Shelly Shaw, General Counsel, by Power of Attorney	01/15/2026
	** 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.

FAQ

What insider activity did Analog Devices (ADI) report in this Form 4?

The Form 4 reports that director Ray Stata executed multiple open-market sales of Analog Devices common stock on January 13 and 14, 2026, each recorded as a separate transaction with its own share amount and weighted average sale price.

Were Ray Stata’s Analog Devices (ADI) stock sales made under a 10b5-1 plan?

Yes. A footnote explains that the reported shares were sold pursuant to a Rule 10b5-1 trading plan that Ray Stata adopted on January 9, 2025, meaning the trades followed a pre-established schedule rather than ad hoc decisions.

On what dates and at what prices did Ray Stata sell ADI shares?

Stata sold Analog Devices common stock on January 13 and 14, 2026. The filing lists multiple transactions at weighted average sale prices including $295.7833, $296.7448, $297.9089, $298.6984, $299.685, $301.0975, $301.895, and $293.984 per share, with accompanying price ranges noted in the footnotes.

How many Analog Devices (ADI) shares does Ray Stata own after the reported sales?

After the reported transactions, Ray Stata is shown as beneficially owning 126,946 shares directly of Analog Devices common stock. The Form 4 also reports 652,221 shares indirectly owned with the notation "By Mrs. Stata Directly."

What do the price range footnotes in the ADI Form 4 mean?

For several transactions, the Form 4 states that the shares were sold in multiple trades within a price range (for example, from $295.23 to $296.225 per share), and that the price shown is a weighted average sale price. The reporting person undertakes to provide full details about the number of shares sold at each individual price upon request.

What is Ray Stata’s role at Analog Devices (ADI) according to this filing?

The report identifies Ray Stata as a director of Analog Devices Inc., with the corresponding box checked for director status and no officer or 10% owner box selected.