Form 4: Analog Devices Director Edward H. Frank Reports Acquisition and Disposal of Common Stock

Sentiment:

SEC Form 4 Filing


Director Edward H. Frank reports acquiring 1,160 shares of Analog Devices common stock as part of an annual grant and disposing of shares, while also holding shares indirectly through trusts.

Summary

  • On March 12, 2025, Edward H. Frank, a director of Analog Devices Inc., reported transactions involving the company's common stock.
  • Frank acquired 1,160 shares of common stock through an annual grant of Restricted Stock Units (RSUs) at a price of $0 per share.
  • These RSUs vest 100% on the earlier of March 12, 2026, or the date of the company's next Annual Meeting of Shareholders, and each vested RSU converts into one share of common stock.
  • Frank also disposed of shares.
  • Following these transactions, Frank directly owns 6,118 shares of Analog Devices common stock.
  • Additionally, Frank indirectly owns 3,000 shares through the Naomi Mantor Frank 2015 Heritage Trust and 3,000 shares through the Whitton Anne Frank 2015 Heritage Trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The document primarily reports transactions and holdings, with no explicit positive or negative commentary. The RSU grant could be seen as mildly positive, indicating confidence.

Positives

  • The acquisition of shares via RSU grant indicates confidence in the company's future performance.

Future Outlook

The vesting of RSUs on March 12, 2026, or the date of the company's next Annual Meeting of Shareholders, suggests a continued alignment of the director's interests with those of the shareholders.

Industry Context

Tracking insider transactions like these provides insights into management's perspective on the company's valuation and future prospects within the semiconductor industry.

Stakeholder Impact

  • The reported transactions may influence investor sentiment regarding Analog Devices.

Key Dates

DateDescription
03/12/2025Date of transaction: acquisition of shares via RSU grant and disposal of shares.
03/12/2026Vesting date for RSUs, or the date of the Company's next Annual Meeting of Shareholders, whichever is earlier.
03/14/2025Date of signature for the report.

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