[Form 4] Analog Devices, Inc. Insider Trading Activity

Insider Trade Summary

Net Seller: 6,250 shares ($1,378,977)

Net Sell 10 txns

Insider STATA RAY

Role Director

Sold 6,250 shs ($1.38M)

Type	Security	Shares	Price	Value
Sale	Comm Stock - $.16-2/3 value	584	$219.0461	$128K
Sale	Comm Stock - $.16-2/3 value	1,832	$220.0369	$403K
Sale	Comm Stock - $.16-2/3 value	709	$220.7201	$156K
Sale	Comm Stock - $.16-2/3 value	412	$220.1326	$91K
Sale	Comm Stock - $.16-2/3 value	2,028	$220.8566	$448K
Sale	Comm Stock - $.16-2/3 value	206	$221.7277	$46K
Sale	Comm Stock - $.16-2/3 value	171	$223.1441	$38K
Sale	Comm Stock - $.16-2/3 value	280	$224.0431	$63K
Sale	Comm Stock - $.16-2/3 value	28	$224.95	$6K
holding	Comm Stock - $.16-2/3 value	--	--	--

Holdings After Transaction: Comm Stock - $.16-2/3 value — 160,737 shares (Direct); Comm Stock - $.16-2/3 value — 652,221 shares (Indirect, By Mrs. Stata Directly)

Footnotes (1)

1. These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025. These shares were disposed of in multiple transactions on August 5, 2025 at actual sales prices ranging from $219.39 to $220.38 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. These shares were disposed of in multiple transactions on August 5, 2025 at actual sales prices ranging from $220.3975 to $221.38 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. These shares were disposed of in multiple transactions on August 5, 2025 at actual sales prices ranging from $221.405 to $222.185 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. These shares were disposed of in multiple transactions on August 5, 2025 at actual sales prices ranging from $222.535 to $223.45 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. These shares were disposed of in multiple transactions on August 5, 2025 at actual sales prices ranging from $223.67 to $224.3375 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. These shares were disposed of in multiple transactions on August 6, 2025 at actual sales prices ranging from $218.42 to $219.40 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. These shares were disposed of in multiple transactions on August 6, 2025 at actual sales prices ranging from $219.4275 to $220.415 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. These shares were disposed of in multiple transactions on August 6, 2025 at actual sales prices ranging from $220.51 to $221.05 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.

Form 4 Insider Transactions: What Each Field Means →

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).

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^*

STATA RAY

(Last) (First) (Middle)

ONE ANALOG WAY

(Street)

WILMINGTON MA 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)
08/05/2025

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)
			Code	V	Amount	(A) or (D)	Price
Comm Stock - $.16-2/3 value	08/05/2025		S		412(1)	D	$220.1326(2)	164,034	D
Comm Stock - $.16-2/3 value	08/05/2025		S		2,028(1)	D	$220.8566(3)	162,006	D
Comm Stock - $.16-2/3 value	08/05/2025		S		206(1)	D	$221.7277(4)	161,800	D
Comm Stock - $.16-2/3 value	08/05/2025		S		171(1)	D	$223.1441(5)	161,629	D
Comm Stock - $.16-2/3 value	08/05/2025		S		280(1)	D	$224.0431(6)	161,349	D
Comm Stock - $.16-2/3 value	08/05/2025		S		28(1)	D	$224.95	161,321	D
Comm Stock - $.16-2/3 value	08/06/2025		S		584(1)	D	$219.0461(7)	160,737	D
Comm Stock - $.16-2/3 value	08/06/2025		S		1,832(1)	D	$220.0369(8)	158,905	D
Comm Stock - $.16-2/3 value	08/06/2025		S		709(1)	D	$220.7201(9)	158,196	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.

2. These shares were disposed of in multiple transactions on August 5, 2025 at actual sales prices ranging from $219.39 to $220.38 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.

3. These shares were disposed of in multiple transactions on August 5, 2025 at actual sales prices ranging from $220.3975 to $221.38 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.

4. These shares were disposed of in multiple transactions on August 5, 2025 at actual sales prices ranging from $221.405 to $222.185 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.

5. These shares were disposed of in multiple transactions on August 5, 2025 at actual sales prices ranging from $222.535 to $223.45 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.

6. These shares were disposed of in multiple transactions on August 5, 2025 at actual sales prices ranging from $223.67 to $224.3375 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.

7. These shares were disposed of in multiple transactions on August 6, 2025 at actual sales prices ranging from $218.42 to $219.40 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.

8. These shares were disposed of in multiple transactions on August 6, 2025 at actual sales prices ranging from $219.4275 to $220.415 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.

9. These shares were disposed of in multiple transactions on August 6, 2025 at actual sales prices ranging from $220.51 to $221.05 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.

Remarks:

	/s/ Shelly Shaw, General Counsel, by Power of Attorney	08/07/2025
	** 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.
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