Form 4: Adeia Inc. Executive Mark Kokes Reports Stock Transactions

Chief Licensing Officer Mark Kokes reports acquisition and disposal of Adeia Inc. stock, including shares withheld for tax obligations and a grant of restricted stock units.

Summary

• On March 1, 2025, Mark Kokes, Chief Licensing Officer at Adeia Inc., reported transactions involving the company's common stock.
• 17,947 shares were disposed of at a price of $15.72 to cover tax withholding obligations related to vesting shares.
• Kokes also acquired 79,130 restricted stock units (RSUs) with no price specified.
• Following these transactions, Kokes beneficially owns 249,011 shares of Adeia Inc. common stock.
• The 79,130 restricted stock units vest in four equal annual installments.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document simply reports stock transactions by an executive, with no explicit positive or negative implications.

Positives

• The grant of 79,130 restricted stock units to a key executive could be seen as an incentive to drive future performance.

Future Outlook

The vesting schedule of the restricted stock units suggests a multi-year commitment from the executive.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is important for maintaining investor confidence.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive compensation and stock ownership.

Key Dates