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

Analog Devices Director Ray Stata sold a total of 6,250 shares of common stock over two days in January 2026, pursuant to a pre-arranged 10b5-1 plan.

Summary

• Ray Stata, a Director of Analog Devices Inc. (ADI), reported the sale of 6,250 shares of common stock.
• The sales occurred over two days: 3,125 shares on January 13, 2026, and 3,125 shares on January 14, 2026.
• The shares were sold at weighted average prices ranging from $293.984 to $301.0975 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 126,946 shares of Analog Devices common stock and indirectly owns 652,221 shares through Mrs. Stata.

Sentiment

Score: 5

Explanation: The sale of shares by a director, while a reduction in insider holdings, was executed under a pre-arranged 10b5-1 plan, which typically indicates a planned liquidity event rather than a reaction to new company-specific information. This makes the event largely neutral in terms of immediate sentiment.

Stakeholder Impact

• Shareholders: A director's sale of shares, even under a 10b5-1 plan, slightly reduces insider ownership, which some investors might monitor. The total direct beneficial ownership for Mr. Stata is now 126,946 shares, with an additional 652,221 shares held indirectly.

Key Dates

Recommendation

The director's sale of shares was executed under a pre-arranged 10b5-1 plan, indicating a planned liquidity event rather than a reaction to new company-specific information. This type of transaction is generally considered neutral and does not typically warrant a change in investment recommendation based solely on this filing.

Keywords

Analog Devices, ADI, insider trading, Form 4, stock sale, director, Ray Stata, 10b5-1 plan, semiconductor