Form 4: Adeia Inc. Executive Dana Escobar Reports Stock Transaction
SEC Form 4 Filing
Dana Escobar, Chief Licensing Officer at Adeia Inc., reports the disposal of 2,188 common stock shares to cover tax obligations on vested shares.
Summary
- On May 1, 2025, Dana Escobar, Chief Licensing Officer, Semi at Adeia Inc., disposed of 2,188 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations related to the release of vested shares.
- The price per share was $12.36.
- Following the transaction, Escobar directly owns 242,126 shares of Adeia Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.
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 practice of covering tax obligations through stock disposal.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of stock transaction (disposal of shares) |
| 05/05/2025 | Date of signature for the Form 4 filing |
Keywords
Form 4, Beneficial Ownership, Stock Transaction, Adeia Inc., Dana Escobar, Chief Licensing Officer, Tax Withholding
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