Davis Paul E. 4

What Happened

• Paul E. Davis, Chief Executive Officer of Adeia Inc. (ADEA), had 52,661 shares withheld on June 1, 2026 to satisfy tax withholding obligations related to the release/vesting of shares. The withholding was at $28.61 per share, equal to $1,506,631. This is a disposition for tax purposes (Form 4 code F), not an open-market sale.

Key Details

• Transaction date: 2026-06-01; filing date (Form 4): 2026-06-02.
• Price used for withholding: $28.61 per share.
• Shares withheld/disposed: 52,661; total value: $1,506,631.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote: F1 — shares were withheld to satisfy tax withholding obligations in connection with the release of shares subject to vesting.
• Timeliness: Filed one day after the transaction (appears timely).

Context

• This was a tax-withholding/cashless disposition tied to vesting (Form 4 code F), not an open-market sale. Such withholdings are routine to cover tax liabilities and do not necessarily indicate the insider is reducing their net position or signaling sentiment about the company.