Were Ray Stata’s Analog Devices (ADI) share sales pre-planned?

Yes. A footnote explains that the reported share sales were executed under a Rule 10b5-1 trading plan adopted on January 9, 2025. Such plans pre-schedule trades in advance, making the timing of individual transactions more routine rather than opportunistic or reactive.

What are the terms of Ray Stata’s 747-share RSU grant from Analog Devices (ADI)?

Ray Stata received an annual non-employee director grant of 747 Restricted Stock Units. These RSUs vest 100% on the earlier of March 11, 2027, or Analog Devices’ next annual shareholder meeting. Upon vesting, each RSU automatically converts into one share of common stock.

Analog Devices (NASDAQ: ADI) director sells shares, receives 747 RSUs

Filing Impact

(High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Analog Devices director Ray Stata reported recent stock trades and an equity grant. He sold a total of 6,250 shares of common stock in multiple open-market transactions on March 10–11, 2026 at prices generally around $317 to $323 per share, under a pre-arranged Rule 10b5-1 trading plan adopted on January 9, 2025.

After these sales, he held 120,860 shares directly, and then received a grant of 747 Restricted Stock Units that increased his direct holdings to 121,607 shares. He also has 652,221 shares reported as indirectly owned by Mrs. Stata. The RSU grant vests 100% on the earlier of March 11, 2027 or the company’s next annual shareholder meeting, and each vested unit converts into one share of common stock.

Insider Trade Summary 10b5-1

Net Seller: 6,250 shares ($1,996,231)

Net Sell 13 txns

Insider STATA RAY

Role Director

Sold 6,250 shs ($2.00M)

Type	Security	Shares	Price	Value
Sale	Comm Stock - $.16-2/3 value	372	$317.3807	$118K
Sale	Comm Stock - $.16-2/3 value	1,100	$318.1077	$350K
Sale	Comm Stock - $.16-2/3 value	1,439	$319.1037	$459K
Sale	Comm Stock - $.16-2/3 value	186	$319.993	$60K
Sale	Comm Stock - $.16-2/3 value	28	$320.875	$9K
Grant/Award	Comm Stock - $.16-2/3 value	747	$0.00	--
Sale	Comm Stock - $.16-2/3 value	608	$317.9046	$193K
Sale	Comm Stock - $.16-2/3 value	539	$319.1462	$172K
Sale	Comm Stock - $.16-2/3 value	876	$320.1423	$280K
Sale	Comm Stock - $.16-2/3 value	523	$321.0632	$168K
Sale	Comm Stock - $.16-2/3 value	229	$322.2166	$74K
Sale	Comm Stock - $.16-2/3 value	350	$323.1401	$113K
holding	Comm Stock - $.16-2/3 value	--	--	--

Holdings After Transaction: Comm Stock - $.16-2/3 value — 123,613 shares (Direct); Comm Stock - $.16-2/3 value — 652,221 shares (Indirect, By Mrs. Stata Directly)

Footnotes (1)

These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025. These shares were disposed of in multiple transactions at actual sales prices ranging from $317.47 to $318.35 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price. These shares were disposed of in multiple transactions at actual sales prices ranging from $318.585 to $319.56 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price. These shares were disposed of in multiple transactions at actual sales prices ranging from $319.635 to $320.625 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price. These shares were disposed of in multiple transactions at actual sales prices ranging from $320.64 to $321.625 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price. These shares were disposed of in multiple transactions at actual sales prices ranging from $321.68 to $322.595 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price. These shares were disposed of in multiple transactions at actual sales prices ranging from $322.72 to $323.675 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price. These shares were disposed of in multiple transactions at actual sales prices ranging from $316.62 to $317.60 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price. These shares were disposed of in multiple transactions at actual sales prices ranging from $317.625 to $318.62 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price. These shares were disposed of in multiple transactions at actual sales prices ranging from $318.63 to $319.58 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price. These shares were disposed of in multiple transactions at actual sales prices ranging from $319.635 to $320.395 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price. 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.

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

Add on Google

Form 4 Insider Transactions: What Each Field Means →

03/12/2026 - 04:20 PM

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^*

STATA RAY

(Last)

(First)

(Middle)

ONE ANALOG WAY

(Street)

WILMINGTON

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)
03/10/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Comm Stock - $.16-2/3 value	03/10/2026		S		608⁽¹⁾	D	$317.9046⁽²⁾	126,502	D
Comm Stock - $.16-2/3 value	03/10/2026		S		539⁽¹⁾	D	$319.1462⁽³⁾	125,963	D
Comm Stock - $.16-2/3 value	03/10/2026		S		876⁽¹⁾	D	$320.1423⁽⁴⁾	125,087	D
Comm Stock - $.16-2/3 value	03/10/2026		S		523⁽¹⁾	D	$321.0632⁽⁵⁾	124,564	D
Comm Stock - $.16-2/3 value	03/10/2026		S		229⁽¹⁾	D	$322.2166⁽⁶⁾	124,335	D
Comm Stock - $.16-2/3 value	03/10/2026		S		350⁽¹⁾	D	$323.1401⁽⁷⁾	123,985	D
Comm Stock - $.16-2/3 value	03/11/2026		S		372⁽¹⁾	D	$317.3807⁽⁸⁾	123,613	D
Comm Stock - $.16-2/3 value	03/11/2026		S		1,100⁽¹⁾	D	$318.1077⁽⁹⁾	122,513	D
Comm Stock - $.16-2/3 value	03/11/2026		S		1,439⁽¹⁾	D	$319.1037⁽¹⁰⁾	121,074	D
Comm Stock - $.16-2/3 value	03/11/2026		S		186⁽¹⁾	D	$319.993⁽¹¹⁾	120,888	D
Comm Stock - $.16-2/3 value	03/11/2026		S		28⁽¹⁾	D	$320.875	120,860	D
Comm Stock - $.16-2/3 value	03/11/2026		A		747⁽¹²⁾	A	$0	121,607	D
Comm Stock - $.16-2/3 value								652,221	I	By Mrs. Stata Directly

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.

2. These shares were disposed of in multiple transactions at actual sales prices ranging from $317.47 to $318.35 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

3. These shares were disposed of in multiple transactions at actual sales prices ranging from $318.585 to $319.56 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

4. These shares were disposed of in multiple transactions at actual sales prices ranging from $319.635 to $320.625 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

5. These shares were disposed of in multiple transactions at actual sales prices ranging from $320.64 to $321.625 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

6. These shares were disposed of in multiple transactions at actual sales prices ranging from $321.68 to $322.595 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

7. These shares were disposed of in multiple transactions at actual sales prices ranging from $322.72 to $323.675 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

8. These shares were disposed of in multiple transactions at actual sales prices ranging from $316.62 to $317.60 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

9. These shares were disposed of in multiple transactions at actual sales prices ranging from $317.625 to $318.62 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

10. These shares were disposed of in multiple transactions at actual sales prices ranging from $318.63 to $319.58 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

11. These shares were disposed of in multiple transactions at actual sales prices ranging from $319.635 to $320.395 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

12. 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Ray Stata report for Analog Devices (ADI)?

Ray Stata reported selling 6,250 shares of Analog Devices common stock in multiple open-market transactions and receiving a grant of 747 Restricted Stock Units. These trades and the equity award affected only his personal holdings, not the company’s total shares outstanding.

At what prices did Ray Stata sell Analog Devices (ADI) shares?

The reported sales occurred at weighted-average prices generally around $317 to $323 per share. Footnotes state the shares were disposed of through multiple transactions within narrow price ranges, and detailed trade breakdowns are available on request from the company, SEC staff, or shareholders.

How many Analog Devices (ADI) shares does Ray Stata hold after these transactions?

After the reported sales and subsequent equity grant, Ray Stata directly holds 121,607 shares of Analog Devices common stock. The filing also reports 652,221 additional shares as indirectly owned by Mrs. Stata, providing a fuller picture of total associated holdings.

Does Ray Stata’s Form 4 indicate any derivative or option exercises in ADI stock?

No derivative or option exercises are shown in this Form 4. All reported trades involve non-derivative common stock sales and a grant of Restricted Stock Units. The derivative position summary is empty, indicating no derivative transactions were reported in this particular filing.