Analog Devices (NASDAQ: ADI) CAO reports option exercises and share sale

Q: What insider transaction did Analog Devices (ADI) disclose in this Form 4?

The filing reports that Analog Devices' chief accounting officer exercised non-qualified stock options and sold common stock on 12/10/2025 , updating the officer’s direct holdings.

Q: How many Analog Devices (ADI) shares did the officer sell on 12/10/2025?

The officer sold 8,169 shares of Analog Devices common stock in transactions on 12/10/2025 .

Q: What was the weighted average sale price and range for the Analog Devices (ADI) shares sold?

The weighted average sale price for the 8,169 shares sold was $278.0309 per share, with actual sale prices ranging from $279.437 to $249.615 per share.

Q: What happened to the stock options after exercise in this Analog Devices (ADI) Form 4?

After exercising the options for 2,200 , 1,992 , and 3,977 underlying shares, the remaining number of those derivative securities reported is 0 for each grant.

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Analog Devices' chief accounting officer reported stock option exercises and a share sale dated 12/10/2025. The officer exercised non-qualified stock options to acquire 2,200 shares at $83.48, 1,992 shares at $91.13, and 3,977 shares at $108.08 of common stock.

The officer then sold 8,169 shares of common stock at a weighted average price of $278.0309 per share, with individual sale prices ranging from $279.437 to $249.615. After these transactions, the officer beneficially owns 18,912.691 shares of Analog Devices common stock directly.

Insider Trade Summary

Net Seller: 8,169 shares ($2,271,234)

Net Sell 7 txns

Insider Sondel Michael

Role CAO (principal acct. officer)

Sold 8,169 shs ($2.27M)

Type	Security	Shares	Price	Value
Exercise	Non-Qualified Stock Option (right to buy)	2,200	$83.48	$184K
Exercise	Non-Qualified Stock Option (right to buy)	1,992	$91.13	$182K
Exercise	Non-Qualified Stock Option (right to buy)	3,977	$108.08	$430K
Exercise	Comm Stock - $.16-2/3 value	2,200	$83.48	$184K
Exercise	Comm Stock - $.16-2/3 value	1,992	$91.13	$182K
Exercise	Comm Stock - $.16-2/3 value	3,977	$108.08	$430K
Sale	Comm Stock - $.16-2/3 value	8,169	$278.0309	$2.27M

Holdings After Transaction: Non-Qualified Stock Option (right to buy) — 0 shares (Direct); Comm Stock - $.16-2/3 value — 21,112.691 shares (Direct)

Footnotes (1)

These shares were disposed of in multiple transactions at actual sales prices ranging from $279.437 to $249.615 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. This option is fully vested.

Form 4 Insider Transactions: What Each Field Means →

12/11/2025 - 04:42 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^*

Sondel Michael

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CAO (principal acct. officer)

3. Date of Earliest Transaction (Month/Day/Year)
12/10/2025

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	12/10/2025		M		2,200	A	$83.48	21,112.691	D
Comm Stock - $.16-2/3 value	12/10/2025		M		1,992	A	$91.13	23,104.691	D
Comm Stock - $.16-2/3 value	12/10/2025		M		3,977	A	$108.08	27,081.691	D
Comm Stock - $.16-2/3 value	12/10/2025		S		8,169	D	$278.0309⁽¹⁾	18,912.691	D

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)	$83.48	12/10/2025		M			2,200	03/08/2018⁽²⁾	03/08/2027	Comm Stock - $.16-2/3 value	2,200	$83.48	0	D
Non-Qualified Stock Option (right to buy)	$91.13	12/10/2025		M			1,992	03/29/2019⁽²⁾	03/29/2028	Comm Stock - $.16-2/3 value	1,992	$91.13	0	D
Non-Qualified Stock Option (right to buy)	$108.08	12/10/2025		M			3,977	03/13/2020⁽²⁾	03/13/2029	Comm Stock - $.16-2/3 value	3,977	$108.08	0	D

Explanation of Responses:

1. These shares were disposed of in multiple transactions at actual sales prices ranging from $279.437 to $249.615 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.

2. This option is fully vested.

Remarks:

	/s/ Shelly Shaw, General Counsel, by Power of Attorney	12/11/2025
	** 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 transaction did Analog Devices (ADI) disclose in this Form 4?

The filing reports that Analog Devices' chief accounting officer exercised non-qualified stock options and sold common stock on 12/10/2025, updating the officer’s direct holdings.

How many Analog Devices (ADI) shares did the officer sell on 12/10/2025?

The officer sold 8,169 shares of Analog Devices common stock in transactions on 12/10/2025.

At what prices were the Analog Devices (ADI) stock options exercised?

The officer exercised non-qualified stock options to buy Analog Devices common stock at exercise prices of $83.48, $91.13, and $108.08 per share.

What was the weighted average sale price and range for the Analog Devices (ADI) shares sold?

The weighted average sale price for the 8,169 shares sold was $278.0309 per share, with actual sale prices ranging from $279.437 to $249.615 per share.

How many Analog Devices (ADI) shares does the officer own after these transactions?

Following the reported transactions, the officer beneficially owns 18,912.691 shares of Analog Devices common stock directly.

Were the Analog Devices (ADI) stock options fully vested when exercised?

Yes. A footnote states that each reported non-qualified stock option was fully vested at the time of exercise.

What happened to the stock options after exercise in this Analog Devices (ADI) Form 4?

After exercising the options for 2,200, 1,992, and 3,977 underlying shares, the remaining number of those derivative securities reported is 0 for each grant.