Analog Devices (ADI) SVP left with 55,648 shares after tax withholding
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 Trade Summary
Net Seller: 704.945 shares
Net Sell
1 txn
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)
- 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.
- F2. Includes 21.073 shares acquired under the Analog Devices, Inc. Amended & Restated 2022 Employee Stock Purchase Plan on June 5, 2026.
Key Figures
Shares withheld for taxes: 704.945 shares
Per-share value for withholding: $390.28 per share
Shares held after transaction: 55,648.012 shares
+2 more
5 metrics
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
Key Terms
Restricted Stock Units, tax withholding obligations, Employee Stock Purchase Plan
3 terms
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.
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.
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.