Analog Devices CEO sells 10K shares at $356
Analog Devices’ Chair & CEO exercised options and sold 10,000 shares under a pre-set Rule 10b5-1 trading plan, while retaining significant direct and trust-held equity positions.
Rhea-AI Filing Summary
ANALOG DEVICES INC (ADI) reporting person Vincent Roche, Chair & CEO, exercised 10,000 non-qualified stock options on September 1, 2026 at an exercise price of $108.08 per share, receiving 10,000 shares of common stock. That same day, he sold 10,000 common shares at $356.33 per share pursuant to a Rule 10b5-1 trading plan adopted on December 3, 2025. Following the option exercise, he directly holds 60,803 options, with additional indirect holdings of 23,515 and 50,000 common shares in separate Grantor Retained Annuity Trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 10,000 shares ($2.48M approx. pre-tax spread)
Exercise and Sale
5 txns
Insider
ROCHE VINCENT
Role
Chair & CEO
Sold
10,000 shs ($3.56M)
Approx. gross sale proceeds
$3.56M
Approx. exercise cost
$1.08M
Approx. pre-tax spread
$2.48M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (right to buy) F4 | 10,000 | $108.08 | $1.08M |
| Exercise | Comm Stock - $.16-2/3 value | 10,000 | $108.08 | $1.08M |
| Sale | Comm Stock - $.16-2/3 value F1 | 10,000 | $356.33 | $3.56M |
| holding | Comm Stock-$.16-2/3 value F2 | -- | -- | -- |
| holding | Comm Stock-$.16-2/3 value F3 | -- | -- | -- |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 60,803 contracts (Direct);
Comm Stock - $.16-2/3 value — 134,660.083 shares (Direct);
Comm Stock-$.16-2/3 value — 23,515 shares (Indirect, Vincent Roche 2024 Grantor Retained Annuity Trust);
Comm Stock-$.16-2/3 value — 50,000 shares (Indirect, Vincent Roche 2026 Grantor Retained Annuity Trust)
Footnotes (4)
- F1. These shares were sold pursuant to a 10b5-1 plan adopted by the reporting person on December 3, 2025.
- F2. Shares held by the Vincent Roche 2024 Grantor Retained Annuity Trust dated October 3, 2024.
- F3. Shares held by the Vincent Roche 2026 Grantor Retained Annuity Trust dated January 11, 2026.
- F4. This option is fully vested.
Key Figures
Options exercised: 10,000 shares
Option exercise price: $108.08 per share
Shares sold: 10,000 shares
+5 more
8 metrics
Options exercised
10,000 shares
Non-qualified stock options exercised on September 1, 2026
Option exercise price
$108.08 per share
Exercise price for 10,000 non-qualified stock options
Shares sold
10,000 shares
Common stock sale on September 1, 2026
Sale price
$356.33 per share
Price for 10,000 Analog Devices common shares sold
Options held after transaction
60,803 options
Non-qualified stock options directly held after exercise
Indirect holding – 2024 GRAT
23,515 shares
Common shares held by Vincent Roche 2024 Grantor Retained Annuity Trust
Indirect holding – 2026 GRAT
50,000 shares
Common shares held by Vincent Roche 2026 Grantor Retained Annuity Trust
Net buy/sell shares
-10,000 shares
Net share direction across reported buy/sell transactions
Key Terms
Non-Qualified Stock Option, Rule 10b5-1 plan, Grantor Retained Annuity Trust
3 terms
Non-Qualified Stock Option financial
"10,000 non-qualified stock options exercised at $108.08 per share"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
Rule 10b5-1 plan regulatory
"shares were sold pursuant to a Rule 10b5-1 plan adopted"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
Grantor Retained Annuity Trust financial
"Shares held by the Vincent Roche 2024 Grantor Retained Annuity Trust"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
FAQ
What transactions did ADI’s Chair & CEO report on this Form 4?
Vincent Roche exercised 10,000 non-qualified stock options at $108.08 per share, acquiring 10,000 Analog Devices common shares, and on the same day sold 10,000 common shares at $356.33 per share. The option was fully vested and expires on March 13, 2029.
What are the key prices involved in the ADI Form 4 transactions?
The non-qualified stock options were exercised at an exercise price of $108.08 per share for 10,000 underlying common shares. The 10,000 common shares sold on September 1, 2026 were sold at a reported price of $356.33 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
