Analog Devices (NASDAQ: ADI) CFO uses 1.1K shares to cover tax bill
Rhea-AI Filing Summary
ANALOG DEVICES INC (ADI) reported that EVP and CFO Richard C. Puccio Jr. had shares of common stock withheld to cover taxes on an equity award. On August 17, 2026, 1,108.183 shares of common stock were disposed of at $390.28 per share to satisfy tax withholding obligations arising from the vesting of 2,292 Restricted Stock Units. Following this withholding transaction, Puccio directly held 56,860.376 shares of ADI common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,108.183 shares
Net Sell
1 txn
Insider
Puccio Richard C Jr
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Comm Stock - $.16-2/3 value F1 | 1,108.183 | $390.28 | $433K |
Holdings After Transaction:
Comm Stock - $.16-2/3 value — 56,860.376 shares (Direct)
Footnotes (1)
- F1. The reported transaction represents shares withheld to satisfy tax withholding obligations in connection with the vesting of 2,292 Restricted Stock Units on August 17, 2026.
Key Figures
Shares withheld for taxes: 1,108.183 shares
Per-share value of withheld shares: $390.28 per share
RSUs vested: 2,292 Restricted Stock Units
+1 more
4 metrics
Shares withheld for taxes
1,108.183 shares
Common stock disposed of on August 17, 2026 for tax withholding obligations
Per-share value of withheld shares
$390.28 per share
Value used for the 1,108.183 common shares withheld
RSUs vested
2,292 Restricted Stock Units
Equity award vesting on August 17, 2026 triggering tax withholding
Shares held after transaction
56,860.376 shares
Direct ownership of ADI common stock by Richard C. Puccio Jr. post-transaction
Key Terms
Restricted Stock Units, tax withholding obligations, payment of tax liability by delivering or withholding securities
3 terms
Restricted Stock Units financial
"in connection with the vesting of 2,292 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"
payment of tax liability by delivering or withholding securities financial
"transaction code description: Payment of tax liability by delivering or withholding securities"
FAQ
What insider transaction did ADI EVP and CFO Richard C. Puccio Jr. report on this Form 4 for ADI?
Richard C. Puccio Jr. reported a withholding of 1,108.183 ADI shares on August 17, 2026 to satisfy tax withholding obligations from vested Restricted Stock Units, rather than an open-market sale.
What RSU vesting event triggered the tax withholding reported for ADI’s CFO?
The tax withholding related to the vesting of 2,292 Restricted Stock Units on August 17, 2026. A portion of the resulting shares was withheld to satisfy tax obligations, as is common with equity compensation.
Was the ADI Form 4 transaction a market sale or tax withholding by the CFO?
The filing characterizes it as payment of tax liability by delivering or withholding securities, not a market sale. The 1,108.183 shares were withheld in connection with RSU vesting for tax withholding obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.