Form 4: Analog Devices Director Receives RSU Grant

Analog Devices director Edward H. Frank was granted 747 Restricted Stock Units as part of his annual compensation.

Summary

• Edward H. Frank, a Director of Analog Devices Inc. (ADI), acquired 747 shares of Common Stock in the form of Restricted Stock Units (RSUs).
• This transaction occurred on March 11, 2026, and represents an annual grant to a non-employee director.
• The RSUs will vest 100% on the earlier of March 11, 2027, or the date of the Company's next Annual Meeting of Shareholders.
• Upon vesting, each RSU shall automatically convert into one share of Analog Devices common stock.
• Following this transaction, Frank Edward H. directly beneficially owns 5,865 shares of Common Stock.
• Additionally, 3,000 shares are indirectly owned by the Naomi Mantor Frank 2015 Heritage Trust and 3,000 shares by the Whitton Anne Frank 2015 Heritage Trust.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a slightly positive, routine event. The RSU grant aligns director interests with shareholders, reflecting standard corporate governance without indicating any significant operational or financial changes.

Positives

• The grant of 747 Restricted Stock Units (RSUs) to a non-employee director aligns the director's interests with long-term shareholder value.
• This represents routine compensation for board service, indicating stable corporate governance practices.

Future Outlook

The 747 Restricted Stock Units are scheduled to vest on the earlier of March 11, 2027, or the date of the Company's next Annual Meeting of Shareholders, at which point they will convert into common stock.

Industry Context

StockSavvy.ai notes that granting Restricted Stock Units (RSUs) to non-employee directors is a common practice across the technology and semiconductor industries, serving to align director incentives with long-term company performance and shareholder returns. This practice is standard for companies like Analog Devices, which operates in the highly competitive semiconductor sector.

Comparison to Industry Standards

• The grant of RSUs to non-employee directors is a standard compensation mechanism, comparable to practices at peer companies such as Texas Instruments (TXN), NXP Semiconductors (NXPI), and Microchip Technology (MCHP), which also utilize equity-based compensation to attract and retain qualified board members.
• The vesting schedule, tied to either a specific date or the next annual meeting, is typical for such grants, ensuring continued engagement and oversight from the director.

Corporate Governance

Related Party Transactions

• Indirect beneficial ownership of 3,000 shares each by the Naomi Mantor Frank 2015 Heritage Trust and the Whitton Anne Frank 2015 Heritage Trust, which are likely related to the reporting person.

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's interests with long-term shareholder value. It is a routine compensation event and not expected to have a material impact on share price.

Next Steps

• The 747 Restricted Stock Units will vest on the earlier of March 11, 2027, or the date of the Company's next Annual Meeting of Shareholders.
• Upon vesting, the RSUs will convert into shares of Analog Devices common stock.

Key Dates

Keywords

Analog Devices, ADI, Form 4, Insider Transaction, Restricted Stock Units, RSU, Director Compensation, Equity Grant, Beneficial Ownership, Stock Grant