STOCK TITAN

Analog Devices (ADI) SVP left with 55,648 shares after tax withholding

(Moderate)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ANALOG DEVICES INC (ADI) reported that officer Martin Cotter, SVP, Vertical Business Units, had 704.945 shares of common stock withheld on August 17, 2026 to satisfy tax withholding obligations arising from the vesting of 1,458 Restricted Stock Units. After this tax-withholding disposition, he directly holds 55,648.012 shares of ADI common stock, which include 21.073 shares acquired under the company’s Amended & Restated 2022 Employee Stock Purchase Plan on June 5, 2026.

Positive

  • None.

Negative

  • None.
Insider Cotter Martin
Role SVP, Vertical Business Units
Type Security Shares Price Value
Tax Withholding Comm Stock - $.16-2/3 value F1, F2 704.945 $390.28 $275K
Holdings After Transaction: Comm Stock - $.16-2/3 value — 55,648.012 shares (Direct)
Footnotes (2)
  1. F1. The reported transaction represents shares withheld to satisfy tax withholding obligations in connection with the vesting of 1,458 Restricted Stock Units on August 17, 2026.
  2. F2. Includes 21.073 shares acquired under the Analog Devices, Inc. Amended & Restated 2022 Employee Stock Purchase Plan on June 5, 2026.
Shares withheld for taxes 704.945 shares Shares of ADI common stock withheld on August 17, 2026 to satisfy tax withholding obligations
Per-share value for withholding $390.28 per share Valuation used for the 704.945 withheld shares in the tax-withholding transaction
Shares held after transaction 55,648.012 shares Direct ADI common stock ownership of Martin Cotter following the August 17, 2026 transaction
RSUs vested 1,458 Restricted Stock Units Number of RSUs that vested on August 17, 2026, triggering tax withholding
ESPP shares acquired 21.073 shares Shares acquired June 5, 2026 under Analog Devices, Inc. Amended & Restated 2022 Employee Stock Purchase Plan
Restricted Stock Units financial
"the vesting of 1,458 Restricted Stock Units on August 17, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"shares withheld to satisfy tax withholding obligations in connection with the vesting"
Employee Stock Purchase Plan financial
"acquired under the Analog Devices, Inc. Amended & Restated 2022 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

FAQ

What insider transaction did ADI report for Martin Cotter on August 17, 2026?

ADI reported that 704.945 shares of common stock were withheld from Martin Cotter on August 17, 2026 to cover tax withholding obligations related to the vesting of 1,458 Restricted Stock Units.

How many Analog Devices (ADI) shares does Martin Cotter hold after the reported transaction?

After the transaction, Martin Cotter directly holds 55,648.012 ADI shares. This total includes 21.073 shares that were acquired earlier under Analog Devices’ Amended & Restated 2022 Employee Stock Purchase Plan on June 5, 2026.

Was the August 17, 2026 ADI Form 4 transaction a market sale or tax withholding?

The August 17, 2026 Form 4 transaction for ADI was for tax withholding, not an open-market sale. 704.945 shares were withheld to satisfy tax obligations triggered by the vesting of 1,458 RSUs for Martin Cotter.

At what price were the ADI shares valued for the tax-withholding transaction?

The withheld ADI shares were valued at $390.28 per share for the tax-withholding transaction. In total, 704.945 shares were used to satisfy the tax obligations tied to Cotter’s 1,458 vested RSUs.

Did the ADI Form 4 indicate use of a Rule 10b5-1 trading plan for this transaction?

The filing shows the Rule 10b5-1 checkbox was not selected, and no footnote describes a trading plan. The code F transaction relates specifically to tax withholding on vested RSUs rather than a pre-arranged trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Cotter Martin

(Last)(First)(Middle)
ONE ANALOG WAY

(Street)
WILMINGTON MASSACHUSETTS 01887

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ANALOG DEVICES INC [ ADI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Vertical Business Units
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Comm Stock - $.16-2/3 value08/17/2026F704.945(1)D$390.2855,648.012(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 1,458 Restricted Stock Units on August 17, 2026.
2. Includes 21.073 shares acquired under the Analog Devices, Inc. Amended & Restated 2022 Employee Stock Purchase Plan on June 5, 2026.
Remarks:
/s/ Shelly Shaw, General Counsel, by Power of Attorney08/19/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)