Form 4: Analog Devices Director Sells Shares Under 10b5-1 Plan

Analog Devices Director Ray Stata sold 6,250 shares of common stock over two days in December 2025, pursuant to a pre-arranged 10b5-1 trading plan.

Summary

• Ray Stata, a Director of Analog Devices Inc. (ADI), disposed of a total of 6,250 shares of common stock.
• The sales occurred on December 16, 2025, and December 17, 2025.
• All transactions were executed under a Rule 10b5-1 trading plan, which was adopted by the Reporting Person on January 9, 2025.
• On December 16, 2025, a total of 3,125 shares were sold at weighted average prices ranging from $278.4932 to $281.086 per share.
• On December 17, 2025, a total of 3,125 shares were sold at weighted average prices ranging from $270.9226 to $280.3 per share.
• Following these transactions, Ray Stata directly beneficially owns 133,196 shares of common stock.
• Additionally, 652,221 shares are indirectly beneficially owned by Mrs. Stata Directly.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reports routine insider sales executed under a pre-arranged 10b5-1 plan, which typically does not signal new material information about the company's prospects.

Positives

• The sales were conducted under a pre-arranged Rule 10b5-1 trading plan, indicating that the transactions were scheduled in advance and not a reaction to recent negative company developments.

Negatives

• Insider selling, even under a 10b5-1 plan, can sometimes be perceived negatively by the market, potentially leading to minor downward pressure on the stock, although the impact from pre-planned sales is typically limited.

Industry Context

This filing represents a routine insider transaction for personal financial planning purposes, executed under a pre-arranged trading plan. It does not provide specific insights into broader industry trends or competitive landscape within the semiconductor or electronics sectors.

Related Party Transactions

• The filing notes indirect beneficial ownership of 652,221 shares by Mrs. Stata Directly, indicating an existing related party ownership structure.

Stakeholder Impact

• Shareholders: Minimal impact as these are pre-planned sales, not indicative of a change in company fundamentals or management's confidence.
• Employees, Customers, Suppliers, Creditors: No direct impact from this routine insider transaction.

Key Dates

Recommendation

The filing reports routine insider sales executed under a pre-arranged 10b5-1 plan, which typically does not signal new material information about the company's prospects. Such sales are often for personal financial planning and do not warrant a change in investment recommendation based solely on this filing.

Keywords

Analog Devices, ADI, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Director, Semiconductors, Electronics