STATA RAY 4
4 · ANALOG DEVICES INC · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Analog Devices (ADI) Director Stata Ray Sells 6,250 Shares
What Happened
Director Stata Ray reported open‑market sales of a total 6,250 shares of Analog Devices (ADI) on February 4–5, 2026. The disposals totaled approximately $1,996,204 (weighted average price ≈ $319.39 per share). All transactions are coded as sales (S) and many were executed pursuant to a 10b5‑1 trading plan.
Key Details
- Transaction dates: February 4 and February 5, 2026.
- Total shares sold: 6,250; total proceeds: ~$1.996M; weighted average price ≈ $319.39/share.
- Reported individual lots and values (examples): 412 shares @ $313.21 ($129,043); 660 @ $320.87 ($211,773); 674 @ $322.31 ($217,238); 364 @ $324.58 ($118,147); 140 @ $325.71 ($45,600).
- Notable footnotes: F1 — some sales were pursuant to a 10b5‑1 plan adopted Jan 9, 2025. Multiple reported line items aggregate sales executed at several different prices; the filer states weighted‑average prices are shown and will provide per‑trade breakdown on request (various footnotes F2–F22).
- Shares owned after the transactions: not specified in the provided filing summary.
- Filing timeliness: Form 4 was filed Feb 6, 2026 for trades on Feb 4–5, which appears to be timely under Section 16 reporting (filed within the typical 2 business‑day window).
Context
- These were open‑market sales (S) — such sales are often routine, especially when made under a pre‑arranged 10b5‑1 plan; they do not by themselves indicate company‑level insider confidence or alarm.
- Several line items represent aggregated multiple trades reported at weighted‑average prices; contact the SEC staff, the issuer, or a security holder for the detailed per‑share prices if needed.
Insider Transaction Report
Form 4
STATA RAY
Director
Transactions
- Sale
Comm Stock - $.16-2/3 value
[F1][F2]2026-02-04$313.21/sh−412$129,043→ 126,534 total - Sale
Comm Stock - $.16-2/3 value
[F1][F3]2026-02-04$314.38/sh−550$172,907→ 125,984 total - Sale
Comm Stock - $.16-2/3 value
[F1][F4]2026-02-04$315.32/sh−384$121,084→ 125,600 total - Sale
Comm Stock - $.16-2/3 value
[F1][F5]2026-02-04$316.45/sh−337$106,643→ 125,263 total - Sale
Comm Stock - $.16-2/3 value
[F1][F6]2026-02-04$317.58/sh−244$77,489→ 125,019 total - Sale
Comm Stock - $.16-2/3 value
[F1][F7]2026-02-04$318.25/sh−56$17,822→ 124,963 total - Sale
Comm Stock - $.16-2/3 value
[F1][F8]2026-02-04$319.83/sh−168$53,732→ 124,795 total - Sale
Comm Stock - $.16-2/3 value
[F1][F9]2026-02-04$320.87/sh−660$211,773→ 124,135 total - Sale
Comm Stock - $.16-2/3 value
[F1][F10]2026-02-04$321.70/sh−258$83,000→ 123,877 total - Sale
Comm Stock - $.16-2/3 value
[F1][F11]2026-02-04$322.80/sh−56$18,077→ 123,821 total - Sale
Comm Stock - $.16-2/3 value
[F1][F12]2026-02-05$314.92/sh−74$23,304→ 123,747 total - Sale
Comm Stock - $.16-2/3 value
[F1][F13]2026-02-05$316.40/sh−84$26,577→ 123,663 total - Sale
Comm Stock - $.16-2/3 value
[F1][F14]2026-02-05$317.42/sh−268$85,070→ 123,395 total - Sale
Comm Stock - $.16-2/3 value
[F1][F15]2026-02-05$318.67/sh−334$106,435→ 123,061 total - Sale
Comm Stock - $.16-2/3 value
[F1][F16]2026-02-05$319.61/sh−196$62,643→ 122,865 total - Sale
Comm Stock - $.16-2/3 value
[F1][F17]2026-02-05$321.32/sh−543$174,479→ 122,322 total - Sale
Comm Stock - $.16-2/3 value
[F1][F18]2026-02-05$322.31/sh−674$217,238→ 121,648 total - Sale
Comm Stock - $.16-2/3 value
[F1][F19]2026-02-05$323.41/sh−364$117,720→ 121,284 total - Sale
Comm Stock - $.16-2/3 value
[F1][F20]2026-02-05$324.58/sh−364$118,147→ 120,920 total - Sale
Comm Stock - $.16-2/3 value
[F1][F21]2026-02-05$325.71/sh−140$45,600→ 120,780 total - Sale
Comm Stock - $.16-2/3 value
[F1][F22]2026-02-05$326.44/sh−84$27,421→ 120,696 total
Holdings
- 652,221(indirect: By Mrs. Stata Directly)
Comm Stock - $.16-2/3 value
Footnotes (22)
- [F1]These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
- [F10]These shares were disposed of in multiple transactions at actual sales prices ranging from $321.48 to $322.10 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F11]These shares were disposed of in multiple transactions at actual sales prices ranging from $322.785 to $322.82 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F12]These shares were disposed of in multiple transactions at actual sales prices ranging from $314.67 to $315.125 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F13]These shares were disposed of in multiple transactions at actual sales prices ranging from $315.835 to $316.82 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F14]These shares were disposed of in multiple transactions at actual sales prices ranging from $316.985 to $317.965 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F15]These shares were disposed of in multiple transactions at actual sales prices ranging from $318.02 to $318.98 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F16]These shares were disposed of in multiple transactions at actual sales prices ranging from $319.285 to $320.18 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F17]These shares were disposed of in multiple transactions at actual sales prices ranging from $320.91 to $321.84 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F18]These shares were disposed of in multiple transactions at actual sales prices ranging from $322.02 to $322.885 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F19]These shares were disposed of in multiple transactions at actual sales prices ranging from $323.045 to $323.85 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F2]These shares were disposed of in multiple transactions at actual sales prices ranging from $312.695 to $313.665 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F20]These shares were disposed of in multiple transactions at actual sales prices ranging from $324.07 to $324.965 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F21]These shares were disposed of in multiple transactions at actual sales prices ranging from $325.20 to $326.115 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F22]These shares were disposed of in multiple transactions at actual sales prices ranging from $326,345 to $326.585 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F3]These shares were disposed of in multiple transactions at actual sales prices ranging from $313.905 to $314.905 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F4]These shares were disposed of in multiple transactions at actual sales prices ranging from $314.92 to $315.805 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F5]These shares were disposed of in multiple transactions at actual sales prices ranging from $316.075 to $316.87 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F6]These shares were disposed of in multiple transactions at actual sales prices ranging from $317.16 to $317.975 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F7]These shares were disposed of in multiple transactions at actual sales prices ranging from $318.22 to $318.27 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F8]These shares were disposed of in multiple transactions at actual sales prices ranging from $319.275 to $320.275 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F9]These shares were disposed of in multiple transactions at actual sales prices ranging from $320.475 to $321.46 per share. The price reported reflects the weighted average sale price for the transactions. The Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Signature
/s/ Shelly Shaw, General Counsel, by Power of Attorney|2026-02-06