4/A: Adeia Inc. CFO Keith A. Jones Amends SEC Filing to Correct Tax Withholding Details

Keith A. Jones, CFO of Adeia Inc., files an amendment to a previous SEC Form 4 filing to correct the number of shares withheld for tax obligations.

Summary

• Keith A. Jones, the Chief Financial Officer of Adeia Inc., filed an amended Form 4/A with the SEC.
• The amendment corrects the number of shares withheld to satisfy tax withholding obligations related to the release of shares subject to vesting.
• The original transaction occurred on March 1, 2024, where 7,449 shares of common stock were disposed of at a price of $11.53.
• Following the reported transaction, Jones beneficially owns 256,524 shares of Adeia Inc. common stock.
• The filing was signed by Kevin Tanji, Attorney-in-Fact, on March 11, 2024.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a minor error, indicating a neutral sentiment. It ensures compliance and transparency, which is generally viewed positively.

Industry Context

This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.

Stakeholder Impact

• The correction ensures accurate reporting to shareholders and the SEC.

Key Dates