Form 4: Analog Devices Director Kenton J Sicchitano Reports Stock Transaction
SEC Form 4
Director Kenton J Sicchitano reported the vesting and conversion of Restricted Stock Units (RSUs) into common stock of Analog Devices.
Summary
- On March 8, 2024, Kenton J Sicchitano, a director of Analog Devices Inc., had 1,228 Restricted Stock Units (RSUs) vest.
- These RSUs automatically converted into 1,228 shares of Analog Devices common stock on the same date.
- Following the transaction, Sicchitano directly owns 28,717 shares of Analog Devices common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company director, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track potential shifts in ownership and sentiment.
Stakeholder Impact
- The transaction may have a minor impact on shareholders by slightly increasing the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of RSU vesting and conversion to common stock |
| 03/12/2024 | Date of report signature |
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