Analog Devices (NASDAQ: ADI) awards 747 RSUs to board director
Rhea-AI Filing Summary
Analog Devices Inc. reported that director Mercedes Johnson received an equity award of 747 restricted stock units. These RSUs vest 100% on the earlier of March 11, 2027 or the company’s next annual meeting, and each vested unit converts into one share of common stock. Following this grant, she holds 4,948 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 747 shares
Net Buy
1 txn
Insider
JOHNSON MERCEDES
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Comm Stock - $.16-2/3 value | 747 | $0.00 | $0.00 |
Holdings After Transaction:
Comm Stock - $.16-2/3 value — 4,948 shares (Direct)
Footnotes (1)
- F1. Annual grant to non-employee director of Restricted Stock Units (RSUs) that vest 100% on the earlier of March 11, 2027 or the date of the Company's next Annual Meeting of Shareholders. Upon the vesting date, each vested RSU shall automatically convert into one (1) share of common stock of the Company.
FAQ
What insider transaction did Analog Devices (ADI) report for Mercedes Johnson?
Analog Devices reported that director Mercedes Johnson received an equity award of 747 restricted stock units. These units vest fully by March 11, 2027 or the next annual shareholder meeting, then convert one-for-one into shares of common stock in the company.
What are the vesting terms of Mercedes Johnson’s 747 RSUs from Analog Devices?
The 747 restricted stock units granted to Mercedes Johnson vest 100% on the earlier of March 11, 2027 or the date of Analog Devices’ next annual shareholder meeting. Once vested, each RSU automatically converts into one share of the company’s common stock.
Is Mercedes Johnson’s Analog Devices equity award a market purchase or compensation grant?
Mercedes Johnson’s transaction is a compensation-related grant, not a market purchase. It is described as an annual grant of restricted stock units to a non-employee director, with no purchase price and future conversion into common shares after they fully vest under the stated schedule.
What security type is involved in Mercedes Johnson’s latest Analog Devices Form 4?
The filing involves restricted stock units linked to Analog Devices common stock. These RSUs are granted as director compensation, carry no cash exercise price, and will automatically convert into an equal number of common shares once they vest according to the specified vesting conditions and timetable.
AI-generated analysis. How Rhea-AI works. Not financial advice.