Form 4: Adeia CEO Paul E. Davis Reports Routine Tax Withholding on Equity Vesting

Adeia Inc.'s Chief Executive Officer, Paul E. Davis, reported the disposition of 52,556 shares of common stock at $12.84 per share to cover tax withholding obligations related to equity vesting.

Summary

• Paul E. Davis, Chief Executive Officer and Director of Adeia Inc. (ADEA), reported a transaction on June 1, 2025.
• The transaction involved the disposition of 52,556 shares of Adeia common stock.
• These shares were withheld by the company to satisfy tax withholding obligations in connection with the release of shares subject to vesting.
• The shares were valued at $12.84 per share for the purpose of this withholding.
• Following this reported transaction, Mr. Davis beneficially owns 908,295 shares of Adeia common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary tax withholding event related to equity vesting, which is neutral in terms of company performance or outlook.

Positives

• The transaction indicates that equity awards previously granted to the CEO have vested, which can be viewed as a positive for executive retention and alignment of interests with shareholders.

Future Outlook

This Form 4 filing, detailing a routine insider transaction for tax withholding, does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing reports a routine insider transaction (tax withholding upon equity vesting) and does not provide broader industry context or trends. Such transactions are common across all industries for executives receiving equity compensation.

Comparison to Industry Standards

• This is a standard Form 4 filing for tax withholding upon equity vesting, a common practice for executives across all industries who receive equity-based compensation. It aligns with typical compensation structures and regulatory reporting requirements for insider transactions.

Related Party Transactions

• Disposition of 52,556 common shares by CEO Paul E. Davis to satisfy tax withholding obligations related to equity vesting, valued at $12.84 per share.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes related to executive compensation, and does not reflect a discretionary sale by the insider.

Key Dates

Keywords

Adeia Inc., ADEA, Form 4, SEC filing, insider transaction, Paul E. Davis, CEO, stock disposition, tax withholding, equity vesting, beneficial ownership