Form 4: Analog Devices Director Peter B. Henry Acquires Shares Through RSU Grant

Director Peter B. Henry acquired 1,160 shares of Analog Devices stock through a restricted stock unit (RSU) grant, while also reporting the disposal of 1,205 shares from previously vested RSUs.

Summary

• On March 12, 2025, Peter B. Henry, a director of Analog Devices Inc., acquired 1,160 shares of common stock through an annual grant of Restricted Stock Units (RSUs).
• These RSUs vest 100% on the earlier of March 12, 2026, or the date of the company's next Annual Meeting of Shareholders.
• Upon vesting, each RSU will convert into one share of Analog Devices common stock.
• The reporting person also disposed of 1,205 shares of common stock received from RSUs that vested on March 12, 2025.
• Following these transactions, Henry directly owns 2,679 shares of Analog Devices common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (RSU grant) and doesn't indicate any significant positive or negative developments. The director's increased stake is mildly positive.

Positives

• The grant of RSUs to a director aligns their interests with those of the shareholders, incentivizing them to work towards the company's long-term success.

Future Outlook

The director's holdings will increase by 1,160 shares upon vesting of the RSUs, aligning their interests with the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices for board members at Analog Devices.

Comparison to Industry Standards

• RSU grants are a common form of compensation for directors in publicly traded companies, particularly in the technology sector.
• Companies like Texas Instruments and Qualcomm also utilize RSU grants as part of their director compensation packages.
• The vesting schedule of one year is fairly standard, aligning with typical corporate governance practices.

Stakeholder Impact

• The RSU grant aligns the director's interests with those of shareholders.
• The transaction has no immediate impact on employees, customers, suppliers, or creditors.

Key Dates