Analog Devices (ADI) SVP granted 5,807 RSUs, boosting direct holdings to 56,332 shares

Rhea-AI Filing Summary

Analog Devices senior vice president Martin Cotter received a grant of 5,807 shares of common stock as a compensation award. The award is structured as Restricted Stock Units that vest in four equal installments on the first, second, third and fourth anniversaries of March 15, 2026. When each portion vests, each RSU converts into one share of common stock. Following this grant, Cotter directly holds 56,331.884 shares of Analog Devices common stock. This is a routine equity compensation grant rather than an open-market purchase or sale.

Insights

Equity compensation analyst

Routine RSU grant increases SVP’s equity stake without market trading.

The filing shows Analog Devices SVP Martin Cotter receiving 5,807 Restricted Stock Units as a share-based compensation grant. The transaction code is A, described as a grant, award or other acquisition, with no cash price per share, indicating a non-market award.

The RSUs vest in four equal annual installments starting one year after March 15, 2026, providing a multi‑year retention incentive. Upon each vest, one share of common stock is issued per RSU. After this grant, Cotter holds 56,331.884 shares directly, suggesting this is a modest, ongoing component of his total compensation.

This kind of award is common for senior executives and does not, by itself, signal a change in sentiment about the stock, since there is no open‑market buying or selling involved. Future company filings for periods after the vesting dates will show how many RSUs ultimately vest into shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Cotter Martin

Role SVP, Vertical Business Units

Type	Security	Shares	Price	Value
Grant/Award	Comm Stock-$.16-2/3 value	5,807	$0.00	--

Holdings After Transaction: Comm Stock-$.16-2/3 value — 56,331.884 shares (Direct)

Footnotes (1)

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Key Figures

RSU grant size: 5,807 shares Post-grant holdings: 56,331.884 shares Grant price per share: $0.0000 per share +1 more

4 metrics

RSU grant size 5,807 shares Restricted Stock Units granted April 7, 2026

Post-grant holdings 56,331.884 shares Total common stock held directly after transaction

Grant price per share $0.0000 per share Indicates non-cash equity compensation award

Vesting schedule 4 equal annual installments On first to fourth anniversaries of March 15, 2026

Key Terms

Restricted Stock Units (RSUs), vest, convert into one (1) share of common stock, Grant, award, or other acquisition

4 terms

Restricted Stock Units (RSUs) financial

"The Restricted Stock Units (RSUs) granted to the Reporting Person on April 7, 2026 vest in equal installments..."

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

vest financial

"RSUs... vest in equal installments on the first, second, third and fourth anniversaries of March 15, 2026."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

convert into one (1) share of common stock financial

"Upon each vesting date, each vested RSU shall automatically convert into one (1) share of common stock."

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Form 4 Insider Transactions: What Each Field Means →

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)
04/07/2026

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	04/07/2026		A		5,807(1)	A	$0	56,331.884	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. The Restricted Stock Units (RSUs) granted to the Reporting Person on April 7, 2026 vest in equal installments on the first, second, third and fourth anniversaries of March 15, 2026. Upon each vesting date, each vested RSU shall automatically convert into one (1) share of common stock.

Remarks:

	/s/ Shelly Shaw, General Counsel, by Power of Attorney	04/09/2026
	** 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)

FAQ

What did Analog Devices (ADI) executive Martin Cotter report in this Form 4?

Martin Cotter reported receiving a grant of 5,807 shares of Analog Devices common stock through Restricted Stock Units. This is a compensation-related award, not an open-market trade, and increases his directly held position to 56,331.884 shares after the transaction.

Is Martin Cotter buying or selling Analog Devices (ADI) stock in this filing?

He is not buying or selling on the open market. The Form 4 shows an acquisition coded as a grant or award of 5,807 Restricted Stock Units, a form of equity compensation that will convert into shares as it vests over time.

How many Analog Devices (ADI) shares did Martin Cotter receive and what are his holdings now?

He received 5,807 Restricted Stock Units that represent future shares of common stock when they vest. After this grant, his directly owned Analog Devices common stock position is reported as 56,331.884 shares, reflecting his holdings following the award.

How do the new Analog Devices (ADI) RSUs granted to Martin Cotter vest?

The RSUs granted on April 7, 2026 vest in four equal installments on the first, second, third and fourth anniversaries of March 15, 2026. On each vesting date, each vested RSU automatically converts into one share of Analog Devices common stock.

Does this Analog Devices (ADI) Form 4 indicate a trading signal from the executive?

The filing reflects a routine equity compensation grant, not a discretionary trade. The 5,807 Restricted Stock Units were awarded at no purchase price and will vest over several years, so the transaction does not represent open-market buying or selling by the executive.

What type of security was granted to Analog Devices (ADI) executive Martin Cotter?

He was granted Restricted Stock Units linked to Analog Devices common stock. Each RSU will convert into one share upon vesting, in four equal annual installments tied to anniversaries of March 15, 2026, aligning compensation with long-term company performance.