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Analog Devices (ADI) CEO trades 10,000 shares under 10b5-1 plan

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Analog Devices Chair & CEO Vincent Roche exercised 10,000 non-qualified stock options at $108.08 per share, receiving the same number of common shares, then sold 10,000 common shares at $363.00 on August 3, 2026 pursuant to a Rule 10b5-1 plan adopted on December 3, 2025. After the option exercise, he directly holds 70,803 stock options and indirectly holds 23,515 and 50,000 common shares through the Vincent Roche 2024 and 2026 Grantor Retained Annuity Trusts.

Positive

  • None.

Negative

  • None.
Insider ROCHE VINCENT
Role Chair & CEO
Sold 10,000 shs ($3.63M)
Approx. gross sale proceeds $3.63M
Approx. exercise cost $1.08M
Approx. pre-tax spread $2.55M
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 $363.00 $3.63M
holding Comm Stock-$.16-2/3 value F2 -- -- --
holding Comm Stock-$.16-2/3 value F3 -- -- --
Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 70,803 shares (Direct); Comm Stock - $.16-2/3 value — 137,537.875 shares (Direct); Comm Stock-$.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)
  1. F1. These shares were sold pursuant to a 10b5-1 plan adopted by the reporting person on December 3, 2025.
  2. F2. Shares held by the Vincent Roche 2024 Grantor Retained Annuity Trust dated October 3, 2024.
  3. F3. Shares held by the Vincent Roche 2026 Grantor Retained Annuity Trust dated January 11, 2026.
  4. F4. This option is fully vested.
Options exercised 10,000 shares Non-Qualified Stock Option exercised on August 3, 2026
Option exercise price $108.08 per share Exercise price of Non-Qualified Stock Option
Shares sold 10,000 shares Common stock sale on August 3, 2026
Sale price $363.00 per share Price for 10,000 common shares sold
Options held after transaction 70,803 options Total non-qualified stock options directly held after exercise
2024 GRAT indirect holding 23,515 shares Shares held by the Vincent Roche 2024 Grantor Retained Annuity Trust
2026 GRAT indirect holding 50,000 shares Shares held by the Vincent Roche 2026 Grantor Retained Annuity Trust
Rule 10b5-1 plan financial
"These shares were sold pursuant to a Rule 10b5-1 plan adopted by the reporting person"
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.
Non-Qualified Stock Option financial
"Security title reported as Non-Qualified Stock Option (right to buy) for 10,000 shares"
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.
Grantor Retained Annuity Trust financial
"Shares held by the Vincent Roche 2024 Grantor Retained Annuity Trust dated October 3, 2024"
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.
Comm Stock - $.16-2/3 value financial
"Underlying security title listed as Comm Stock - $.16-2/3 value for exercised options"

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FAQ

What transactions did Analog Devices (ADI) CEO Vincent Roche report in this Form 4?

Vincent Roche exercised 10,000 stock options at $108.08 per share, acquired 10,000 common shares, then sold 10,000 Analog Devices shares at $363.00 on August 3, 2026, all recorded in this Form 4 filing.

Was Vincent Roche’s 10,000-share sale of Analog Devices (ADI) stock under a Rule 10b5-1 plan?

Yes. The Form 4 states the 10,000 shares were sold pursuant to a Rule 10b5-1 plan adopted by Vincent Roche on December 3, 2025, indicating the sale followed a pre-established trading arrangement.

At what prices did Vincent Roche transact Analog Devices (ADI) shares on August 3, 2026?

Roche exercised options for 10,000 shares at an exercise price of $108.08 per share, then sold 10,000 common shares at $363.00 per share on August 3, 2026, according to the Form 4 details.

How many Analog Devices (ADI) options does Vincent Roche hold after the reported transactions?

Following the August 3, 2026 option exercise, Vincent Roche is reported as directly holding 70,803 non-qualified stock options, with the exercised option grant shown as fully vested and expiring on March 13, 2029.

What indirect Analog Devices (ADI) share holdings are reported for Vincent Roche?

The Form 4 lists 23,515 Analog Devices shares held by the Vincent Roche 2024 Grantor Retained Annuity Trust and 50,000 shares held by the Vincent Roche 2026 Grantor Retained Annuity Trust, which are reported as indirect ownership positions.
SEC Form 4
FORM 4UNITED 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).
X
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*
ROCHE VINCENT

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chair & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Comm Stock - $.16-2/3 value08/03/2026M10,000A$108.08147,537.875D
Comm Stock - $.16-2/3 value08/03/2026S10,000(1)D$363137,537.875D
Comm Stock-$.16-2/3 value23,515I(2)Vincent Roche 2024 Grantor Retained Annuity Trust
Comm Stock-$.16-2/3 value50,000I(3)Vincent Roche 2026 Grantor Retained Annuity Trust
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Non-Qualified Stock Option (right to buy)$108.0808/03/2026M10,000 (4)03/13/2029Comm Stock - $.16-2/3 value10,000$108.0870,803D
Explanation of Responses:
1. These shares were sold pursuant to a 10b5-1 plan adopted by the reporting person on December 3, 2025.
2. Shares held by the Vincent Roche 2024 Grantor Retained Annuity Trust dated October 3, 2024.
3. Shares held by the Vincent Roche 2026 Grantor Retained Annuity Trust dated January 11, 2026.
4. This option is fully vested.
Remarks:
/s/ Shelly Shaw, General Counsel, by Power of Attorney08/04/2026
** Signature of Reporting PersonDate
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)