Analog Devices (ADI) director Ray Stata exercises options and sells 1,226 shares

Filing Impact

(High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Analog Devices director Ray Stata reported mixed insider activity involving company stock. He exercised a fully vested non-qualified stock option for 7,640 shares at $54.93 per share and received an equal number of common shares.

On the same date, he sold 1,226 common shares in an open-market transaction at $339.15 per share. After these transactions, he held 127,110 common shares directly and 652,221 common shares indirectly through his spouse.

Insider Trade Summary

Net Seller: 1,226 shares ($415,798)

Net Sell 4 txns

Insider STATA RAY

Role Director

Sold 1,226 shs ($416K)

Type	Security	Shares	Price	Value
Exercise	Non-Qualified Stock Option (right to buy)	7,640	$54.93	$420K
Exercise	Comm Stock - $.16-2/3 value	7,640	$54.93	$420K
Sale	Comm Stock - $.16-2/3 value	1,226	$339.15	$416K
holding	Comm Stock - $.16-2/3 value	--	--	--

Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 0 shares (Direct); Comm Stock - $.16-2/3 value — 128,336 shares (Direct); Comm Stock - $.16-2/3 value — 652,221 shares (Indirect, By Mrs. Stata Directly)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

03/04/2026 - 04:26 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
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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)
03/03/2026

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	03/03/2026		M		7,640	A	$54.93	128,336	D
Comm Stock - $.16-2/3 value	03/03/2026		S		1,226	D	$339.15	127,110	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)
Non-Qualified Stock Option (right to buy)	$54.93	03/03/2026		M			7,640	⁽¹⁾	03/09/2026	Comm Stock - $.16-2/3 value	7,640	$54.93	0	D

Explanation of Responses:

1. This option is fully vested.

Remarks:

	/s/ Shelly Shaw, General Counsel, by Power of Attorney	03/04/2026
	** 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 at ANALOG DEVICES INC (ADI)?

Ray Stata reported exercising options for 7,640 shares and selling 1,226 common shares. The option exercise converted derivative awards into common stock, while the sale was an open-market transaction executed at a higher market price the same day.

How many Analog Devices (ADI) shares did Ray Stata sell and at what price?

Ray Stata sold 1,226 shares of Analog Devices common stock at $339.15 per share. This open-market sale followed an option exercise and modestly reduced his directly held share count reported after the transactions.

What stock option activity did Ray Stata disclose for Analog Devices (ADI)?

He exercised a fully vested non-qualified stock option covering 7,640 shares at $54.93 per share. This exercise converted his derivative position into the same number of Analog Devices common shares, increasing his direct equity holdings before the subsequent sale.

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

After the reported transactions, Ray Stata directly owned 127,110 Analog Devices common shares. He also reported indirect ownership of 652,221 additional common shares held by his spouse, reflecting combined economic exposure through both direct and indirect holdings.

What does the footnote on Ray Stata’s Analog Devices (ADI) option say?

The filing notes that the option exercised by Ray Stata is fully vested. This means all 7,640 optioned shares were already exercisable, allowing immediate conversion into Analog Devices common stock without additional vesting conditions.

How is indirect ownership reported for Analog Devices (ADI) in this filing?

Indirect ownership is reported as 652,221 Analog Devices common shares held "By Mrs. Stata Directly." These shares are attributed to Ray Stata as indirect holdings, reflecting his spouse’s stake while remaining distinct from his directly owned 127,110 shares.