Analog Devices Director Ray Stata Sells $1.17M Under 10b5-1 Plan

Insider Transaction Overview

On October 6 and 7, 2026, Ray Stata, Director and Co-Founder of Analog Devices Inc ($ADI), executed a series of open-market sales totaling 2,832 shares of Common Stock for an aggregate amount of approximately $1.17 million.

• October 6, 2026: Sold 1,416 shares across multiple tranches at weighted average prices ranging from $418.40 to $421.24.
• October 7, 2026: Sold 1,416 shares across multiple tranches at weighted average prices ranging from $405.57 to $412.17.
• Blended Weighted Average Price: ~$413.71 per share.

Ownership and Holding Impact

Following these transactions, Ray Stata retains:

• 107,431 shares held directly.
• 652,221 shares held indirectly by Mrs. Stata.

The 2,832 shares sold represent approximately 2.57% of his direct holdings and less than 0.4% of his combined direct and indirect beneficial ownership (759,652 shares remaining).

Context & Market Significance

• 10b5-1 Trading Plan: All transactions were conducted pursuant to a pre-established Rule 10b5-1 trading arrangement adopted on March 6, 2026.
• Assessment: Low Significance. The sales represent a negligible portion of the insider's aggregate holdings and were completed under a pre-scheduled plan, reflecting routine portfolio management rather than a discretionary market-timing decision.