Form 4: Analog Devices Director Edward H. Frank Reports Stock Transactions

Director Edward H. Frank reports the vesting and conversion of Restricted Stock Units (RSUs) into common stock, along with adjustments to holdings in associated trusts.

Summary

• On March 8, 2024, Edward H. Frank, a director of Analog Devices Inc., reported transactions involving the company's common stock.
• 1,228 Restricted Stock Units (RSUs) vested and were converted into 1,228 shares of common stock.
• These RSUs vested 100% on March 8, 2024, and each RSU automatically converted into one share of common stock on the vesting date.
• Following these transactions, Frank directly owns 0 shares of common stock.
• Frank also 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: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of company executives and directors.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects insider trading activity, which is closely monitored for compliance and potential insights into company performance.

Key Dates