Form 4: Analog Devices SVP, Vertical Business Units, Martin Cotter, Reports Stock Transaction
SEC Filing (Form 4)
Martin Cotter, SVP at Analog Devices, reports the withholding of shares to cover tax obligations related to vesting Restricted Stock Units (RSUs).
Summary
- On March 10, 2025, Martin Cotter, SVP at Analog Devices, had 443.754 shares of common stock withheld to cover tax obligations related to the vesting of 969 Restricted Stock Units (RSUs).
- Following the transaction, Cotter beneficially owns 56,851.101 shares of Analog Devices common stock.
- This total includes shares received from vested RSUs, unvested RSUs, shares of common stock, and shares acquired under the Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine insider transaction related to tax obligations.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It does not necessarily reflect the company's overall performance or future prospects.
Key Dates
| Date | Description |
|---|---|
| 12/06/2024 | 26.958 shares acquired under the Analog Devices, Inc. Amended & Restated 2022 Employee Stock Purchase Plan |
| 03/10/2025 | Transaction date: 443.754 shares withheld for tax obligations related to vesting of 969 RSUs |
| 03/12/2025 | Date of signature by Shelly Shaw, General Counsel, by Power of Attorney |
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