Andonian Andre' 4
Research Summary
AI-generated summary
Analog Devices (ADI) Director Andre' Andonian Receives 747 RSUs
What Happened
- Andre' Andonian, a director of Analog Devices, had two related transactions on March 11, 2026. 116 shares were withheld (disposition code F) to satisfy tax withholding tied to the vesting of 1,160 RSUs; those 116 shares were valued at $319.22 each (total $37,030). He was also granted 747 Restricted Stock Units (RSUs) (acquisition code A) with no immediate cash value.
Key Details
- Transaction dates and prices:
- 2026-03-11: 116 shares withheld for taxes at $319.22 per share (total $37,030).
- 2026-03-11: Grant of 747 RSUs (no cash paid at grant).
- Shares owned after transaction: Not specified in the filing.
- Footnotes from the filing:
- F1: 116 shares were withheld to satisfy tax withholding for the vesting of 1,160 RSUs on March 11, 2026.
- F2: The 747 RSUs are an annual grant to a non-employee director that vests 100% on the earlier of March 11, 2027 or the Company's next Annual Meeting; each vested RSU converts to one share.
- Filing timeliness: Report filed on 2026-03-13 for transactions on 2026-03-11 — no late filing indicated.
Context
- The 116-share disposition was a tax-withholding action related to RSU vesting, not an open-market sale; proceeds were used to satisfy withholding obligations. The 747 RSUs are a standard director compensation award that will convert to shares when they vest. Awards and withholding are routine corporate actions and do not by themselves signal a buy/sell decision by the insider.