Analog Devices (ADI) CFO receives 6,513-share RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Puccio Richard C Jr reported acquisition or exercise transactions in this Form 4 filing.
Analog Devices Executive Vice President and CFO Richard C. Puccio Jr received a grant of 6,513 shares of common stock as equity compensation. These shares are in the form of Restricted Stock Units that vest in four equal installments on the first through fourth anniversaries of March 15, 2026. After this award, he directly holds a total of 57,968.559 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Puccio Richard C Jr
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Comm Stock - $.16-2/3 value | 6,513 | $0.00 | -- |
Holdings After Transaction:
Comm Stock - $.16-2/3 value — 57,968.559 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 6,513 shares
Transaction price per share: $0.00 per share
Shares held after transaction: 57,968.559 shares
+1 more
4 metrics
RSU grant size
6,513 shares
Restricted Stock Units granted on April 7, 2026
Transaction price per share
$0.00 per share
Equity compensation grant, not open-market purchase
Shares held after transaction
57,968.559 shares
Direct holdings following RSU award
Vesting schedule
4 equal annual installments
On first through fourth anniversaries of March 15, 2026
Key Terms
Restricted Stock Units (RSUs), vest, convert, beneficial ownership
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 granted to the Reporting Person on April 7, 2026 vest in equal installments on the first, second, third and fourth anniversaries..."
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 financial
"Upon each vesting date, each vested RSU shall automatically convert into one (1) share of common stock."
beneficial ownership financial
"total_shares_following_transaction: 57968.5590"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did ADI EVP and CFO Richard Puccio report?
Richard C. Puccio Jr reported receiving 6,513 shares of Analog Devices common stock as a grant. The award is classified as a Restricted Stock Unit grant, reflecting compensation rather than an open-market purchase or sale of shares.
How do the granted RSUs for ADI’s CFO vest over time?
The 6,513 Restricted Stock Units 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 for the executive.