Form 4: Analog Devices Executive Sells 30,000 Shares Under 10b5-1 Plan
SEC Form 4 Filing
Gregory M. Bryant, EVP & President of Global Business Units at Analog Devices, sold 30,000 shares of common stock at a price of $228.93 per share on October 1, 2024, under a pre-arranged 10b5-1 trading plan.
Summary
- On October 1, 2024, Gregory M. Bryant, an executive at Analog Devices, sold 30,000 shares of the company's common stock.
- The sale was executed at a price of $228.93 per share.
- Following the transaction, Bryant directly owns 79,093.372 shares of Analog Devices common stock.
- The sale was conducted under a pre-arranged trading plan (Rule 10b5-1) adopted on June 25, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an executive's stock sale. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The document does not contain any forward-looking statements or guidance.
Industry Context
This Form 4 filing is a routine disclosure of insider stock transactions. It provides transparency into the trading activities of company executives, which is a standard practice in the industry.
Stakeholder Impact
- The stock sale by an executive could have a minor impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates concerns about insider information.
Key Dates
| Date | Description |
|---|---|
| June 25, 2024 | Date the Reporting Person adopted the 10b5-1 plan |
| October 01, 2024 | Date of the stock sale transaction |
| October 02, 2024 | Date of the signature on the report |
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