Form 4: Analog Devices Director Ray Stata Reports Stock Transactions
SEC Filing
Director Ray Stata reports the vesting and conversion of Restricted Stock Units (RSUs) into common stock of Analog Devices.
Summary
- On March 8, 2024, Director Ray Stata vested 1,228 Restricted Stock Units (RSUs) which then converted into 1,228 shares of Analog Devices common stock.
- The transaction was reported on a Form 4 filing with the SEC.
- Following the transaction, Mr. Stata directly owns 180,714 shares of Analog Devices common stock.
- Mr. Stata also indirectly owns 652,221 shares through Mrs. Stata.
Sentiment
Score: 5
Explanation: This is a routine transaction filing, indicating a neutral 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 standard 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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