Form 4: Analog Devices Director James Champy Executes Stock Options and Sells Shares
SEC Form 4 Filing
Director James Champy exercised stock options and sold shares of Analog Devices on May 28, 2024.
Summary
- On May 28, 2024, James Champy, a director of Analog Devices Inc., executed non-qualified stock options to acquire 4,200 shares and 3,440 shares of common stock at a price of $54.93 per share.
- Simultaneously, Champy sold 4,200 shares of Analog Devices common stock at $233.55 per share.
- Following these transactions, Champy directly owns 6,371 shares and indirectly owns 38,316 shares through the James A. Champy 2012 Irrevocable Trust.
- Champy also holds 3,440 non-qualified stock options.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions by a company director.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the director's sale of shares.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of transaction: Exercising stock options and selling shares. |
| 03/09/2026 | Expiration date of Non-Qualified Stock Options |
| 05/29/2024 | Date of signature by Power of Attorney. |
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