Form 4: Adeia Inc. CFO Keith Jones Reports Stock Transactions
SEC Form 4 Filing
Chief Financial Officer of Adeia Inc., Keith Jones, reports disposition of shares to cover tax obligations and acquisition of restricted stock units.
Summary
- Keith Jones, the CFO of Adeia Inc., reported a transaction on March 1, 2025.
- 19,065 shares of common stock were disposed of at a price of $15.72 to satisfy tax withholding obligations.
- Jones also acquired 90,430 restricted stock units.
- These restricted stock units vest in four equal installments annually from the grant date.
- Following these transactions, Jones beneficially owns 393,854 shares of Adeia Inc.
Sentiment
Score: 6
Explanation: Neutral sentiment as the filing reflects routine transactions related to compensation and tax obligations.
Positives
- The acquisition of 90,430 restricted stock units indicates confidence in the company's future performance.
Future Outlook
The vesting schedule of the restricted stock units suggests a multi-year commitment from the CFO.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of stock disposition and acquisition of restricted stock units. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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