Form 4: Analog Devices Director Ray Stata Sells Over 6,000 Shares Under Pre-Arranged Trading Plan

Ray Stata, a Director at Analog Devices Inc. (ADI), reported the sale of 6,250 shares of common stock over two days in June 2025, executed under a pre-existing Rule 10b5-1 trading plan.

Summary

• Ray Stata, a Director of Analog Devices Inc. (ADI), reported the disposition of 6,250 shares of ADI common stock.
• The sales occurred on June 11, 2025, and June 12, 2025.
• On June 11, 2025, a total of 3,125 shares were sold at weighted average prices ranging from $231.2222 to $234.8476 per share.
• On June 12, 2025, a total of 3,125 shares were sold at weighted average prices ranging from $231.5191 to $233.2454 per share.
• These transactions were executed pursuant to a Rule 10b5-1 plan adopted by Mr. Stata on January 9, 2025.
• Following these transactions, Mr. Stata directly beneficially owns 170,696 shares of ADI common stock.
• Additionally, Mr. Stata indirectly beneficially owns 652,221 shares through Mrs. Stata.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the sales were pre-planned under a 10b5-1 plan, which typically indicates routine portfolio management rather than a reaction to specific positive or negative company news.

Positives

• The sales were conducted under a Rule 10b5-1 plan, indicating pre-scheduled transactions and transparency, rather than a reaction to immediate, non-public information.

Negatives

• The disposition of shares by a director reduces their direct ownership stake in the company.

Future Outlook

This Form 4 filing reports past insider transactions and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine disclosure of insider stock transactions and does not provide broader industry context or trends within the semiconductor sector.

Related Party Transactions

• Ray Stata indirectly beneficially owns 652,221 shares of common stock through Mrs. Stata.

Stakeholder Impact

• Shareholders: The sale by a director slightly reduces insider ownership, but given it's under a 10b5-1 plan, it is generally not interpreted as a negative signal about the company's prospects.

Key Dates

Keywords

Analog Devices, ADI, Ray Stata, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Director, Equity Transaction, Semiconductor