Form 4: Analog Devices Director James Champy Gifts Shares to Charity

Director James Champy of Analog Devices Inc. reports gifting a total of 1,925 shares of common stock to charitable organizations in two separate transactions.

Summary

• On June 28, 2024, James Champy, a director of Analog Devices Inc., gifted 1,706 shares of common stock to charitable organizations.
• On July 1, 2024, Champy gifted an additional 219 shares of common stock to charitable organizations.
• Following these transactions, Champy directly owns 7,886 shares of Analog Devices Inc.
• Champy also indirectly owns 38,316 shares through the James A. Champy 2012 Irrevocable Trust.

Sentiment

Score: 6

Explanation: The document itself is neutral, simply reporting a transaction. The act of donating to charity is generally viewed positively, but the filing itself is a routine disclosure.

Positives

• The gifting of shares to charitable organizations can be seen as a positive philanthropic action.

Industry Context

This is a routine disclosure of insider transactions and doesn't necessarily reflect a broader industry trend. Directors often donate shares to charities for tax and philanthropic reasons.

Stakeholder Impact

• The gifting of shares has a minor impact on the overall shareholding structure of Analog Devices Inc.
• The charitable organizations receiving the shares benefit from the donation.

Key Dates