Analog Devices (NASDAQ: ADI) director gets RSU grant, shares withheld

Rhea-AI Filing Summary

Analog Devices director Andre' Andonian reported routine equity compensation activity. On March 11, 2026, 1,160 Restricted Stock Units (RSUs) vested, and 116 shares of common stock were withheld to satisfy tax obligations. The same day, he received an annual grant of 747 RSUs, which will vest 100% on the earlier of March 11, 2027 or the company’s next annual shareholder meeting. Following these transactions, Andonian directly holds 4,868.57 shares of Analog Devices common stock.

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

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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).

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^*

Andonian Andre'

(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		F		116(1)	D	$319.22	4,121.57	D
Comm Stock - $.16-2/3 value	03/11/2026		A		747(2)	A	$0	4,868.57	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. The reported transaction represents shares withheld to satisfy tax withholding obligations in connection with the vesting of 1,160 Restricted Stock Units (RSUs) on March 11, 2026.

2. 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	03/13/2026
	** 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).
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FAQ

What insider transactions did ADI director Andre' Andonian report?

Andre' Andonian reported routine compensation-related transactions. 1,160 RSUs vested with 116 shares withheld for taxes, and he received an annual grant of 747 RSUs that will vest on a future date, increasing his direct equity exposure.

How many Analog Devices (ADI) shares were withheld for taxes?

Analog Devices withheld 116 shares of common stock for Andre' Andonian’s tax obligations. This withholding was tied to the vesting of 1,160 Restricted Stock Units on March 11, 2026, and does not represent an open-market sale of shares.

What RSU grant did ADI director Andre' Andonian receive?

Andre' Andonian received an annual grant of 747 Restricted Stock Units. These RSUs vest 100% on the earlier of March 11, 2027 or the company’s next annual shareholder meeting, then convert one-for-one into Analog Devices common shares.

When will Andre' Andonian’s new ADI RSUs vest?

The new 747 RSUs for Andre' Andonian vest 100% on the earlier of March 11, 2027 or the date of Analog Devices’ next annual shareholder meeting, at which point each vested RSU converts into one share of common stock.

How many Analog Devices shares does Andre' Andonian now hold?

After the reported transactions, Andre' Andonian directly holds 4,868.57 shares of Analog Devices common stock. This reflects tax withholding on vested RSUs and the impact of his latest annual Restricted Stock Unit grant as disclosed.

Does this ADI Form 4 show open-market buying or selling?

The Form 4 shows no open-market buying or selling by Andre' Andonian. It records tax withholding of 116 shares on RSU vesting and a grant of 747 RSUs, both routine elements of non-employee director equity compensation.