Analog Devices SVP covers taxes with share withholding

Analog Devices senior vice president Martin Cotter reported a routine tax-related share withholding.

Rhea-AI Filing Summary

Analog Devices senior vice president Martin Cotter reported a routine tax-related share withholding. On March 30, 2026, 3,880.571 shares of common stock were withheld at $303.10 per share to satisfy tax obligations tied to 8,026 performance-based restricted stock units that vested that day. After this tax-withholding disposition, Cotter directly holds 50,524.884 shares of Analog Devices common stock, indicating he retained the underlying vested equity rather than selling it in the open market.

Insider Trade Summary

Exercise Price or Tax Liability: 3,880.571 shares

Exercise Price or Tax Liability 1 txn

Insider Cotter Martin

Role SVP, Vertical Business Units

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Comm Stock-$.16-2/3 value	3,880.571	$303.10	$1.18M

Holdings After Transaction: Comm Stock-$.16-2/3 value — 50,524.884 shares (Direct)

Footnotes (1)

1. F1. Represents shares withheld to satisfy tax withholding obligations for 8,026 Performance-Based Restricted Stock Units that vested on March 30, 2026.

Key Figures

Shares withheld for taxes: 3,880.571 shares Withholding price per share: $303.10 per share RSUs vested: 8,026 units +1 more

4 metrics

Shares withheld for taxes 3,880.571 shares Tax withholding on vested RSUs on March 30, 2026

Withholding price per share $303.10 per share Value used for tax-withholding disposition

RSUs vested 8,026 units Performance-Based Restricted Stock Units vested on March 30, 2026

Shares held after transaction 50,524.884 shares Direct common stock holdings following tax withholding

Key Terms

Performance-Based Restricted Stock Units, tax withholding obligations, Form 4

3 terms

Performance-Based Restricted Stock Units financial

"Represents shares withheld to satisfy tax withholding obligations for 8,026 Performance-Based Restricted Stock Units that vested on March 30, 2026."

Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.

tax withholding obligations financial

"Represents shares withheld to satisfy tax withholding obligations for 8,026 Performance-Based Restricted Stock Units that vested on March 30, 2026."

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Analog Devices (ADI) report for Martin Cotter?

Analog Devices reported that SVP Martin Cotter had 3,880.571 common shares withheld to cover taxes on vested performance-based restricted stock units. This was a tax-withholding disposition, not an open-market sale, and he continues to hold a substantial share position afterward.

Why were shares withheld from Martin Cotter’s Analog Devices (ADI) holdings?

Shares were withheld to satisfy tax withholding obligations on 8,026 performance-based restricted stock units that vested on March 30, 2026. Instead of paying cash for taxes, a portion of vested shares was used, a common mechanism in equity compensation plans.

How many Analog Devices (ADI) shares does Martin Cotter hold after the Form 4 event?

Following the tax-withholding disposition, Martin Cotter directly holds 50,524.884 shares of Analog Devices common stock. This figure reflects his remaining position after 3,880.571 shares were withheld to cover taxes on his vested performance-based restricted stock units.

Was Martin Cotter’s Analog Devices (ADI) Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding disposition coded “F,” meaning shares were surrendered to cover tax obligations. It does not represent an open-market sale, and Cotter retained the underlying equity from the vested performance-based restricted stock units.

What equity award vested for Martin Cotter at Analog Devices (ADI)?

An award of 8,026 performance-based restricted stock units vested for Martin Cotter on March 30, 2026. To meet associated tax obligations, 3,880.571 of the resulting common shares were withheld, with the remainder contributing to his ongoing Analog Devices share holdings.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 04/01/2026 - 04:15 PM Learn about SEC filing dates

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^*

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Vertical Business Units

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Comm Stock-$.16-2/3 value	03/30/2026		F		3,880.571(1)	D	$303.1	50,524.884	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. Represents shares withheld to satisfy tax withholding obligations for 8,026 Performance-Based Restricted Stock Units that vested on March 30, 2026.

Remarks:

	/s/ Shelly Shaw, General Counsel, by Power of Attorney	04/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)