Adeia (ADEA) CFO Keith A. Jones Surrenders 29,578 Shares for Taxes
$ADEA · Adeia Inc.Research Summary
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Adeia (ADEA) CFO Keith A. Jones Surrenders 29,578 Shares for Taxes
What Happened
Keith A. Jones, Chief Financial Officer of Adeia Inc. (ADEA), had 29,578 shares withheld (disposed) on August 1, 2026 to satisfy tax withholding obligations related to the release of vested shares. The withholding was recorded at $26.65 per share, for a total value of approximately $788,254. This was an administrative tax-withholding disposition, not an open-market sale or a purchase.
Key Details
- Transaction date and price: 2026-08-01 — 29,578 shares at $26.65 each.
- Total value of shares withheld: ~$788,254.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: F1 — Shares were withheld to satisfy tax withholding obligations in connection with the release of shares subject to vesting.
- Filing timeliness: No indication in the provided data that the Form 4 was late.
Context
This transaction is a routine tax-withholding disposition tied to vesting and does not necessarily reflect a change in the insider’s investment view. Code F transactions are administrative (shares surrendered or withheld to cover taxes) rather than market sales (S) or purchases (P). For investors watching insider activity, purchases are often considered more informative; withholding events like this are common around vesting dates.