Frank Edward H. 4
Research Summary
AI-generated summary
Analog Devices (ADI) Director Frank Edward H. Receives RSU Award
What Happened
- Frank Edward H., a director of Analog Devices, was granted 747 restricted stock units (RSUs) on 2026-03-11. The RSUs were awarded at $0.00 per unit (grant), i.e., no cash was paid for acquisition. Each vested RSU will convert into one share of ADI common stock.
Key Details
- Transaction date: 2026-03-11 (filed with SEC on 2026-03-12).
- Transaction type/code: Award/Grant (Code A).
- Shares/units granted: 747 RSUs; Acquisition price reported: $0.00; reported cash value: $0.
- Vesting: 100% vests on the earlier of March 11, 2027 or the date of the company’s next Annual Meeting of Shareholders (Footnote F1). Upon vesting each RSU converts into one common share.
- Shares owned after the transaction: not specified in the provided excerpt.
- No 10b5-1 plan, tax-withholding, or late-filing flag disclosed in this filing excerpt.
Context
- This is a standard non-employee director equity award—common as part of board compensation. RSUs are not immediately tradable; they convert to common shares only upon vesting, so this award does not represent an immediate open-market purchase or sale.