Analog Devices Officer Files Form 144 to Sell $584K in Common Stock Under 10b5-1 Plan

Executive Summary

On October 20, 2026, Richard C. Puccio Jr, an Officer of Analog Devices, Inc. ($ADI), submitted a Form 144 notifying the intent to sell 1,500 shares of common stock with an aggregate estimated market value of $584,190.00. The proposed transaction is executed through Fidelity Brokerage Services LLC pursuant to a pre-arranged Rule 10b5-1 trading plan.

Transaction Details

• Security: Common Stock
• Shares Proposed for Sale: 1,500
• Implied Share Price: ~$389.46
• Aggregate Market Value: $584,190.00
• Approximate Sale Date: October 20, 2026
• Acquisition Origin: The shares were acquired through restricted stock vestings from the issuer on August 15, 2025 (500 shares) and March 15, 2026 (1,000 shares) as compensatory equity.
• Trading Plan: Adopted under Rule 10b5-1 on May 21, 2026.

Past 3-Month Activity

The filer has maintained a regular selling schedule under this trading arrangement:

• October 6, 2026: 1,500 shares sold for gross proceeds of $631,620.00
• September 22, 2026: 1,500 shares sold for gross proceeds of $573,285.00
• September 8, 2026: 1,500 shares sold for gross proceeds of $545,475.00
• August 26, 2026: 2,683 shares sold for gross proceeds of $1,004,944.48

Market Impact & Significance

The significance of this filing is classified as Low:

1. Routine Execution: The transaction follows an established cadence of sales under a pre-scheduled Rule 10b5-1 trading plan established on May 21, 2026.
2. De Minimis Volume: With 484,565,465 common shares outstanding, the sale of 1,500 shares represents a negligible fraction (<0.001%) of total outstanding equity, presenting no material dilution or liquidity impact.