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Analog Devices (NASDAQ: ADI) awards 747 RSUs to board director

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

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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
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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*
JOHNSON MERCEDES

(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)
03/11/2026
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 03/11/2026 A 747(1) A $0 4,948 D
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. 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.
Remarks:
/s/ Shelly Shaw, General Counsel, by Power of Attorney 03/12/2026
** 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 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.

How many Analog Devices shares does Mercedes Johnson hold after this Form 4 filing?

After the reported equity award, Mercedes Johnson holds 4,948 shares of Analog Devices common stock directly. This total reflects the position following the grant of 747 restricted stock units that will convert into common shares once they vest under the disclosed schedule.

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.
Analog Devices

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