Tanji Kevin 4

What Happened
Kevin Tanji, Adeia Inc.'s Chief Legal Officer, sold 99,342 shares of ADEA stock in open-market transactions on May 13, 2026. The reported weighted-average sale price was $31.75, producing total proceeds of about $3,154,109. The shares were disposed (transaction code S), i.e., this was a sale rather than a purchase or option exercise.

Key Details

• Transaction date: May 13, 2026; Form 4 filed May 15, 2026 (timely filing).
• Reported weighted-average price: $31.75 per share; price range across trades: $31.34–$32.15 (footnote).
• Shares sold: 99,342; estimated proceeds: $3,154,109.
• Shares owned after the transaction: Not specified in the information provided.
• Footnote: The $31.75 price is a weighted average; multiple trades on May 13 at prices between $31.34 and $32.15. No 10b5‑1 plan, tax withholding, or other special conditions were disclosed in the summary provided.

Context
This was a straight sale by a company executive. Sales can be for many routine reasons (diversification, liquidity, tax planning) and do not by themselves indicate management’s view of company prospects. For retail investors, purchases by insiders generally carry more informational weight than routine sales.