Cotter Martin 4

What Happened

• Martin Cotter, Senior Vice President, Vertical Business Units at Analog Devices (ADI), received a grant of 5,807 Restricted Stock Units (RSUs) on April 7, 2026. The RSUs were granted with an acquisition price of $0.00 (i.e., a standard equity award rather than a purchase) and will convert into shares of ADI common stock as they vest.

Key Details

• Transaction type: Award/Grant (code A)
• Grant date / Period of report: April 7, 2026 (Form 4 filed April 9, 2026)
• Amount: 5,807 RSUs; reported acquisition price: $0.00 (total reported $0)
• Vesting: RSUs vest in equal installments on the 1st, 2nd, 3rd and 4th anniversaries of March 15, 2026; each vested RSU automatically converts into one share of common stock (footnote disclosure).
• Shares owned after transaction: Not disclosed in the filing.
• Filing timeliness: Form 4 was filed April 9, 2026 for an April 7 transaction (appears timely under Section 16 rules). No tax-withholding or other withholding transactions were noted.

Context

• This was an equity award (RSUs), not a market purchase or sale. RSU grants are common compensation for executives and vest over time; they do not represent immediately tradable shares until they vest and convert.
• Because the filing does not disclose post-grant beneficial ownership or any immediate sale, this is a compensation/retention event rather than a direct buy/sell signal.