Analog Devices Chair & CEO Vincent Roche Completes GRAT Distribution and Trust Transfer

Overview & Context

On October 13, 2026, Vincent Roche, Chair & CEO of Analog Devices, Inc. ($ADI), reported estate planning transactions involving his Grantor Retained Annuity Trust (GRAT). On October 12, 2026, the Vincent Roche 2024 GRAT terminated pursuant to its terms.

Transaction Details

• Transaction Code: G (Bona fide gift or trust transfer without open-market sale)
• Shares Disposed/Transferred: 13,305 shares transferred to the Vincent Roche 2023 Irrevocable Trust upon termination of the 2024 GRAT. The independent trustee manages the 2023 Trust, and Mr. Roche reports no pecuniary interest in these shares.
• Direct Holdings Update: In connection with the termination, 10,210 shares were disbursed from the 2024 GRAT directly to Mr. Roche to satisfy annuity obligations, bringing his direct ownership to 125,670.083 shares.
• Additional Indirect Holdings: Mr. Roche continues to hold 50,000 shares indirectly through the Vincent Roche 2026 GRAT.

Market Impact & Significance

This filing reflects routine estate planning and the scheduled termination of an existing GRAT structure. It does not represent open-market selling or a change in executive sentiment, warranting a Low trading significance rating.