Form 4: Analog Devices Director, Mercedes Johnson, Reports Stock Transactions
SEC Form 4 Filing
Mercedes Johnson, a director at Analog Devices Inc., reported the vesting and conversion of restricted stock units (RSUs) into common stock on March 8, 2024.
Summary
- On March 8, 2024, Mercedes Johnson, a director of Analog Devices Inc., had 1,228 Restricted Stock Units (RSUs) vest.
- Upon vesting, each RSU automatically converted into one share of Analog Devices Inc. common stock.
- Following the transaction, Johnson directly owns 7,836 shares of Analog Devices Inc. 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, such as directors and officers, ensuring fair market practices.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard vesting of previously granted compensation.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of RSU vesting and conversion to common stock. |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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