Director at Analog Devices (NASDAQ: ADI) granted 747 restricted units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Analog Devices Inc. director Henry Peter B. received an equity grant of 747 shares of common stock at no cost, increasing his direct holdings to 3,426 shares. The award represents an annual grant of Restricted Stock Units to a non-employee director.
The RSUs vest 100% on the earlier of March 11, 2027 or the company’s next annual meeting of shareholders. At vesting, each RSU will automatically convert into one share of Analog Devices common stock, aligning the director’s compensation with shareholder interests over this period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Henry Peter B.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Comm Stock - $.16-2/3 value | 747 | $0.00 | -- |
Holdings After Transaction:
Comm Stock - $.16-2/3 value — 3,426 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Analog Devices (ADI) disclose for Henry Peter B.?
Analog Devices disclosed that director Henry Peter B. received an award of 747 shares of common stock as part of his annual non-employee director compensation, recorded at zero purchase price, increasing his direct holdings to 3,426 Analog Devices common shares after the grant.
When do the granted Analog Devices (ADI) RSUs for Henry Peter B. vest?
The Restricted Stock Units vest 100% on the earlier of March 11, 2027 or the date of Analog Devices’ next annual meeting of shareholders. On that vesting date, each vested RSU will automatically convert into one share of the company’s common stock.
Is the Analog Devices (ADI) director’s grant an open-market stock purchase?
No, the transaction is a grant or award of equity compensation, not an open-market purchase. The shares were acquired at a stated price of zero under Analog Devices’ director compensation program, reflecting Restricted Stock Units that will convert into common stock upon vesting.