Analog Devices CEO & Director Vincent Roche Files Form 144 to Sell $3.97M in Stock

Executive Summary

On October 1, 2026, Vincent Roche, Officer and Director of Analog Devices Inc ($ADI), filed a Form 144 notice disclosing the proposed sale of 10,000 common shares with an estimated aggregate market value of $3,969,400. The shares are being acquired through a stock option exercise on the same date.

Transaction Details

• Filer: Vincent Roche (Officer and Director)
• Issuer: Analog Devices Inc ($ADI)
• Number of Shares: 10,000
• Estimated Aggregate Market Value: $3,969,400 (~$396.94 per share)
• Approximate Sale Date: October 1, 2026
• Broker: Fidelity Brokerage Services LLC
• Trading Plan: Adopted under Rule 10b5-1 on December 3, 2025

Historical Context & Prior Sales

The proposed transaction is part of a routine, programmatic schedule under the 10b5-1 trading plan adopted in December 2025. Over the preceding three months, Roche executed consistent monthly sales:

• September 1, 2026: 10,000 shares for gross proceeds of $3,563,300
• August 3, 2026: 10,000 shares for gross proceeds of $3,630,000
• July 1, 2026: 10,000 shares for gross proceeds of $3,897,500

Market Impact & Significance

The trading significance is assessed as Low. The proposed sale represents approximately 0.002% of the company's 484,565,465 outstanding shares. Because this transaction is pre-scheduled under a Rule 10b5-1 plan and tied to standard option exercises, it does not signal an unexpected shift in insider sentiment.