Vincent Roche - Mar 31, 2025 Form 4 Insider Report for ANALOG DEVICES INC (ADI)

Signature
/s/ Shelly Shaw, General Counsel, by Power of Attorney
Stock symbol
ADI
Transactions as of
Mar 31, 2025
Transactions value $
-$5,696,377
Form type
4
Date filed
4/2/2025, 04:26 PM
Previous filing
Mar 19, 2025
Next filing
Apr 10, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADI Comm Stock - $.16-2/3 value Tax liability -$3.69M -18.3K -14.51% $201.67 108K Mar 31, 2025 Direct F1
transaction ADI Comm Stock - $.16-2/3 value Options Exercise $944K +10K +9.27% $94.41 118K Apr 1, 2025 Direct
transaction ADI Comm Stock - $.16-2/3 value Sale -$2M -10K -8.48% $200.26 108K Apr 1, 2025 Direct F2
holding ADI Comm Stock-$.16-2/3 value 34.8K Mar 31, 2025 Vincent Roche 2023 Grantor Retained Annuity Trust F3
holding ADI Comm Stock-$.16-2/3 value 43.5K Mar 31, 2025 Vincent Roche 2024 Grantor Retained Annuity Trust F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ADI Non-Qualified Stock Option (right to buy) Options Exercise -$944K -10K -8.02% $94.41 115K Apr 1, 2025 Comm Stock - $.16-2/3 value 10K $94.41 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy tax withholding obligations for 37,882 Performance-Based Restricted Stock Units that vested on March 31, 2025.
F2 These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on March 1, 2024.
F3 Shares held by the Vincent Roche 2023 Grantor Retained Annuity Trust dated August 25, 2023.
F4 Shares held by the Vincent Roche 2024 Grantor Retained Annuity Trust dated October 3, 2024.
F5 This option is fully vested.