Form 4: Analog Devices Director James Champy Reports Stock Transactions
SEC Form 4 Filing
Director James Champy reports the vesting and conversion of Restricted Stock Units (RSUs) into common stock of Analog Devices.
Summary
- On March 8, 2024, Director James Champy vested 1,228 Restricted Stock Units (RSUs) of Analog Devices (ADI).
- Each RSU converted into one share of common stock on the vesting date.
- Champy also indirectly owns 38,316 shares of common stock through the James A. Champy 2012 Irrevocable Trust.
- Following the reported transactions, Champy directly owns 7,599 shares of Analog Devices common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine vesting of previously granted equity.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of RSU vesting and conversion to common stock. |
| 03/12/2024 | Date of Form 4 filing. |
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