Director Ray Stata filed a Form 4 with the SEC on November 9, 2026, disclosing the sale of 1,317 shares of Analog Devices common stock on November 5, 2026, pursuant to a Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person: Ray Stata, identified as a Director of Analog Devices Inc (NASDAQ:ADI).
  • Transaction date: All sales occurred on November 5, 2026, across 24 separate transaction tranches.
  • Total shares sold: 1,317 shares of common stock ($.16-2/3 par value) disposed of in aggregate across the reported tranches.
  • Price range: Sales prices across all tranches ranged from a low of approximately $361.685 to a high reported tranche price of $381.516, with weighted average prices reported for each tranche.
  • Post-transaction direct holdings: Following the reported sales, Stata directly beneficially owned 104,599 shares of common stock.
  • Indirect holdings: Stata also held 652,221 shares indirectly, described in the filing as held "By Mrs. Stata Directly."
  • 10b5-1 plan: According to the filing, all shares were sold pursuant to a 10b5-1 plan adopted by Stata on March 6, 2026.

Ray Stata's November 5, 2026 Share Sales Under 10b5-1 Plan

According to the Form 4 filed with the SEC, Director Ray Stata disposed of Analog Devices common stock through 24 separate sale tranches on November 5, 2026. The filing states that all transactions were made "pursuant to a 10b5-1 plan adopted by the Reporting Person on March 6, 2026." The box on the form indicating a Rule 10b5-1(c) plan was checked, as disclosed in the filing.

The shares were sold at weighted average prices across the tranches, ranging from $361.8296 per share for the first tranche of 105 shares to higher prices for later tranches. Each tranche footnote states that the reported price reflects a weighted average and that "the Reporting Person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price." The largest single tranche by share count was 187 shares, sold at a weighted average price of $375.3749.

After all reported sales, the filing states that Stata directly held 104,599 shares of Analog Devices common stock. The filing also discloses 652,221 shares held indirectly, described as held "By Mrs. Stata Directly," with no transactions reported against that indirect position in this filing. No derivative securities transactions were reported in Table II.

What Was Disclosed

Director Ray Stata reported the sale of a total of 1,317 shares of Analog Devices common stock on November 5, 2026, across 24 tranches under a pre-established 10b5-1 plan, leaving him with 104,599 shares held directly and 652,221 shares held indirectly.