Analog Devices (ADI) awards director Stephen Jennings 747 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Analog Devices director Stephen M. Jennings received an annual grant of 747 Restricted Stock Units as equity compensation. These RSUs vest 100% on the earlier of March 11, 2027 or the next Annual Meeting of Shareholders, and will convert into common stock, bringing his direct holdings to 4,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JENNINGS STEPHEN M
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 — 4,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Analog Devices (ADI) report for Stephen M. Jennings?
Analog Devices reported that director Stephen M. Jennings received an annual grant of 747 Restricted Stock Units. These equity awards are compensation, not an open-market purchase, and will convert into common shares when they vest under the plan’s terms.
When do Stephen M. Jennings’ Analog Devices RSUs from this grant vest?
The 747 Restricted Stock Units vest 100% on the earlier of March 11, 2027 or the date of Analog Devices’ next Annual Meeting of Shareholders. At vesting, each RSU automatically converts into one share of common stock.
Is Stephen M. Jennings buying or selling Analog Devices (ADI) stock in this filing?
Stephen M. Jennings is not buying or selling shares on the market in this filing. He received a grant of 747 Restricted Stock Units as a non-employee director, which will convert into common stock when they vest under the company’s equity plan.
How are the new Analog Devices RSUs granted to Stephen M. Jennings structured?
The grant to Stephen M. Jennings consists of 747 Restricted Stock Units awarded at no cash cost. These RSUs vest fully on the earlier of March 11, 2027 or the next Annual Meeting, then automatically convert into one share of common stock per vested unit.