Form 4: Adeia Inc. CFO Keith A. Jones Reports Stock Transaction

Chief Financial Officer of Adeia Inc., Keith A. Jones, reports the disposition of 12,308 shares of common stock to cover tax obligations related to vesting shares on March 1, 2024.

Summary

• On March 1, 2024, Keith A. Jones, the Chief Financial Officer of Adeia Inc., reported a transaction involving the company's common stock.
• A total of 12,308 shares were disposed of at a price of $11.53 per share.
• This transaction was executed to satisfy tax withholding obligations associated with the vesting of shares.
• Following the transaction, Jones directly owns 251,665 shares of Adeia Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, as it simply reports a factual event.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to tax obligations upon vesting of shares.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares to cover tax obligations.

Key Dates