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Analog Devices (NASDAQ: ADI) director awarded 747 RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Analog Devices Inc. director Yoky Matsuoka received an equity award of 747 shares of common stock as a grant, with no cash paid per share. After this award, Matsuoka directly holds 844 common shares. The grant is structured as Restricted Stock Units that convert into shares upon vesting.

The RSUs vest 100% on the earlier of March 11, 2027 or the date of Analog Devices’ next Annual Meeting of Shareholders. On the vesting date, each vested RSU will automatically convert into one share of the company’s common stock.

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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*
Matsuoka Yoky

(Last) (First) (Middle)
C/O ANALOG DEVICES, INC.
ONE ANALOG WAY

(Street)
WILMINGTON MA 01887

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ANALOG DEVICES INC [ ADI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/11/2026 A 747(1) A $0 844 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. Annual grant to non-employee director of Restricted Stock Units (RSUs) that vest 100% on the earlier of March 11, 2027 or the date of the Company's next Annual Meeting of Shareholders. Upon the vesting date, each vested RSU shall automatically convert into one (1) share of common stock of the Company.
Remarks:
/s/ Shelly Shaw, General Counsel, by Power of Attorney 03/12/2026
** 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.

FAQ

What did Analog Devices (ADI) director Yoky Matsuoka report on this Form 4?

Yoky Matsuoka reported receiving a grant of 747 shares of Analog Devices common stock as an equity award. The shares were granted at no cash cost per share, increasing Matsuoka’s directly held position to 844 common shares after the transaction.

What type of equity award did Yoky Matsuoka receive from Analog Devices (ADI)?

The award is an annual grant of Restricted Stock Units (RSUs) for 747 units to a non-employee director. These RSUs represent a right to receive shares later, rather than an immediate cash purchase, and convert into common stock once vesting conditions are met.

When do Yoky Matsuoka’s Analog Devices (ADI) RSUs vest?

The 747 RSUs vest 100% on the earlier of March 11, 2027 or the date of Analog Devices’ next Annual Meeting of Shareholders. At vesting, each RSU automatically converts into one share of the company’s common stock, delivering actual shares.

How many Analog Devices (ADI) shares does Yoky Matsuoka own after this Form 4 grant?

Following the grant of 747 shares, Yoky Matsuoka directly holds 844 shares of Analog Devices common stock. This figure reflects the total direct ownership reported after the award and includes shares from this new equity grant shown in the filing.

Did Yoky Matsuoka buy or sell Analog Devices (ADI) stock in the market?

No open-market buy or sell occurred; the filing shows a grant coded as an acquisition award. The 747 shares were received as compensation, at a reported price of zero per share, rather than through a market transaction on an exchange.
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