=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-02-04
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: ANALOG DEVICES INC (ADI)
CIK: 0000006281
--- Reporting Owner ---
Name: STATA RAY
CIK: 0000900729
Role: Director
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Comm Stock - $.16-2/3 value
Date: 2026-02-04 | Code: S (Open market sale)
Shares: -412 | Price: $313.21
Total Value: $129,042.60
Shares Owned After: 126,534 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
[F2] These shares were disposed of in multiple transactions at actual sales prices ranging from $312.695 to $313.665 per share. The price reported reflects the weighted average sale price for the transactions. 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.
[Transaction #2]
Security: Comm Stock - $.16-2/3 value
Date: 2026-02-04 | Code: S (Open market sale)
Shares: -550 | Price: $314.38
Total Value: $172,906.58
Shares Owned After: 125,984 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
[F3] These shares were disposed of in multiple transactions at actual sales prices ranging from $313.905 to $314.905 per share. The price reported reflects the weighted average sale price for the transactions. 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.
[Transaction #3]
Security: Comm Stock - $.16-2/3 value
Date: 2026-02-04 | Code: S (Open market sale)
Shares: -384 | Price: $315.32
Total Value: $121,084.30
Shares Owned After: 125,600 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
[F4] These shares were disposed of in multiple transactions at actual sales prices ranging from $314.92 to $315.805 per share. The price reported reflects the weighted average sale price for the transactions. 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.
[Transaction #4]
Security: Comm Stock - $.16-2/3 value
Date: 2026-02-04 | Code: S (Open market sale)
Shares: -337 | Price: $316.45
Total Value: $106,642.61
Shares Owned After: 125,263 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
[F5] These shares were disposed of in multiple transactions at actual sales prices ranging from $316.075 to $316.87 per share. The price reported reflects the weighted average sale price for the transactions. 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.
[Transaction #5]
Security: Comm Stock - $.16-2/3 value
Date: 2026-02-04 | Code: S (Open market sale)
Shares: -244 | Price: $317.58
Total Value: $77,489.03
Shares Owned After: 125,019 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
[F6] These shares were disposed of in multiple transactions at actual sales prices ranging from $317.16 to $317.975 per share. The price reported reflects the weighted average sale price for the transactions. 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.
[Transaction #6]
Security: Comm Stock - $.16-2/3 value
Date: 2026-02-04 | Code: S (Open market sale)
Shares: -56 | Price: $318.25
Total Value: $17,821.72
Shares Owned After: 124,963 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
[F7] These shares were disposed of in multiple transactions at actual sales prices ranging from $318.22 to $318.27 per share. The price reported reflects the weighted average sale price for the transactions. 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.
[Transaction #7]
Security: Comm Stock - $.16-2/3 value
Date: 2026-02-04 | Code: S (Open market sale)
Shares: -168 | Price: $319.83
Total Value: $53,731.99
Shares Owned After: 124,795 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
[F8] These shares were disposed of in multiple transactions at actual sales prices ranging from $319.275 to $320.275 per share. The price reported reflects the weighted average sale price for the transactions. 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.
[Transaction #8]
Security: Comm Stock - $.16-2/3 value
Date: 2026-02-04 | Code: S (Open market sale)
Shares: -660 | Price: $320.87
Total Value: $211,772.55
Shares Owned After: 124,135 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
[F9] These shares were disposed of in multiple transactions at actual sales prices ranging from $320.475 to $321.46 per share. The price reported reflects the weighted average sale price for the transactions. 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.
[Transaction #9]
Security: Comm Stock - $.16-2/3 value
Date: 2026-02-04 | Code: S (Open market sale)
Shares: -258 | Price: $321.70
Total Value: $82,999.66
Shares Owned After: 123,877 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
[F10] These shares were disposed of in multiple transactions at actual sales prices ranging from $321.48 to $322.10 per share. The price reported reflects the weighted average sale price for the transactions. 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.
[Transaction #10]
Security: Comm Stock - $.16-2/3 value
Date: 2026-02-04 | Code: S (Open market sale)
Shares: -56 | Price: $322.80
Total Value: $18,076.94
Shares Owned After: 123,821 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
[F11] These shares were disposed of in multiple transactions at actual sales prices ranging from $322.785 to $322.82 per share. The price reported reflects the weighted average sale price for the transactions. 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.
[Transaction #11]
Security: Comm Stock - $.16-2/3 value
Date: 2026-02-05 | Code: S (Open market sale)
Shares: -74 | Price: $314.92
Total Value: $23,303.87
Shares Owned After: 123,747 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
[F12] These shares were disposed of in multiple transactions at actual sales prices ranging from $314.67 to $315.125 per share. The price reported reflects the weighted average sale price for the transactions. 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.
[Transaction #12]
Security: Comm Stock - $.16-2/3 value
Date: 2026-02-05 | Code: S (Open market sale)
Shares: -84 | Price: $316.40
Total Value: $26,577.32
Shares Owned After: 123,663 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
[F13] These shares were disposed of in multiple transactions at actual sales prices ranging from $315.835 to $316.82 per share. The price reported reflects the weighted average sale price for the transactions. 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.
[Transaction #13]
Security: Comm Stock - $.16-2/3 value
Date: 2026-02-05 | Code: S (Open market sale)
Shares: -268 | Price: $317.42
Total Value: $85,069.87
Shares Owned After: 123,395 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
[F14] These shares were disposed of in multiple transactions at actual sales prices ranging from $316.985 to $317.965 per share. The price reported reflects the weighted average sale price for the transactions. 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.
[Transaction #14]
Security: Comm Stock - $.16-2/3 value
Date: 2026-02-05 | Code: S (Open market sale)
Shares: -334 | Price: $318.67
Total Value: $106,435.05
Shares Owned After: 123,061 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
[F15] These shares were disposed of in multiple transactions at actual sales prices ranging from $318.02 to $318.98 per share. The price reported reflects the weighted average sale price for the transactions. 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.
[Transaction #15]
Security: Comm Stock - $.16-2/3 value
Date: 2026-02-05 | Code: S (Open market sale)
Shares: -196 | Price: $319.61
Total Value: $62,642.87
Shares Owned After: 122,865 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
[F16] These shares were disposed of in multiple transactions at actual sales prices ranging from $319.285 to $320.18 per share. The price reported reflects the weighted average sale price for the transactions. 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.
[Transaction #16]
Security: Comm Stock - $.16-2/3 value
Date: 2026-02-05 | Code: S (Open market sale)
Shares: -543 | Price: $321.32
Total Value: $174,478.61
Shares Owned After: 122,322 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
[F17] These shares were disposed of in multiple transactions at actual sales prices ranging from $320.91 to $321.84 per share. The price reported reflects the weighted average sale price for the transactions. 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.
[Transaction #17]
Security: Comm Stock - $.16-2/3 value
Date: 2026-02-05 | Code: S (Open market sale)
Shares: -674 | Price: $322.31
Total Value: $217,237.55
Shares Owned After: 121,648 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
[F18] These shares were disposed of in multiple transactions at actual sales prices ranging from $322.02 to $322.885 per share. The price reported reflects the weighted average sale price for the transactions. 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.
[Transaction #18]
Security: Comm Stock - $.16-2/3 value
Date: 2026-02-05 | Code: S (Open market sale)
Shares: -364 | Price: $323.41
Total Value: $117,719.86
Shares Owned After: 121,284 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
[F19] These shares were disposed of in multiple transactions at actual sales prices ranging from $323.045 to $323.85 per share. The price reported reflects the weighted average sale price for the transactions. 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.
[Transaction #19]
Security: Comm Stock - $.16-2/3 value
Date: 2026-02-05 | Code: S (Open market sale)
Shares: -364 | Price: $324.58
Total Value: $118,146.97
Shares Owned After: 120,920 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
[F20] These shares were disposed of in multiple transactions at actual sales prices ranging from $324.07 to $324.965 per share. The price reported reflects the weighted average sale price for the transactions. 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.
[Transaction #20]
Security: Comm Stock - $.16-2/3 value
Date: 2026-02-05 | Code: S (Open market sale)
Shares: -140 | Price: $325.71
Total Value: $45,599.82
Shares Owned After: 120,780 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
[F21] These shares were disposed of in multiple transactions at actual sales prices ranging from $325.20 to $326.115 per share. The price reported reflects the weighted average sale price for the transactions. 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.
[Transaction #21]
Security: Comm Stock - $.16-2/3 value
Date: 2026-02-05 | Code: S (Open market sale)
Shares: -84 | Price: $326.44
Total Value: $27,421.10
Shares Owned After: 120,696 | Ownership: D (Direct)
Footnotes:
[F1] These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
[F22] These shares were disposed of in multiple transactions at actual sales prices ranging from $326,345 to $326.585 per share. The price reported reflects the weighted average sale price for the transactions. 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.
--- Holdings ---
[Holding #1]
Security: Comm Stock - $.16-2/3 value
Ownership: I (Indirect)
--- Footnotes (Complete Index) ---
F1: These shares were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on January 9, 2025.
F10: These shares were disposed of in multiple transactions at actual sales prices ranging from $321.48 to $322.10 per share. The price reported reflects the weighted average sale price for the transactions. 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.
F11: These shares were disposed of in multiple transactions at actual sales prices ranging from $322.785 to $322.82 per share. The price reported reflects the weighted average sale price for the transactions. 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.
F12: These shares were disposed of in multiple transactions at actual sales prices ranging from $314.67 to $315.125 per share. The price reported reflects the weighted average sale price for the transactions. 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.
F13: These shares were disposed of in multiple transactions at actual sales prices ranging from $315.835 to $316.82 per share. The price reported reflects the weighted average sale price for the transactions. 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.
F14: These shares were disposed of in multiple transactions at actual sales prices ranging from $316.985 to $317.965 per share. The price reported reflects the weighted average sale price for the transactions. 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.
F15: These shares were disposed of in multiple transactions at actual sales prices ranging from $318.02 to $318.98 per share. The price reported reflects the weighted average sale price for the transactions. 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.
F16: These shares were disposed of in multiple transactions at actual sales prices ranging from $319.285 to $320.18 per share. The price reported reflects the weighted average sale price for the transactions. 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.
F17: These shares were disposed of in multiple transactions at actual sales prices ranging from $320.91 to $321.84 per share. The price reported reflects the weighted average sale price for the transactions. 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.
F18: These shares were disposed of in multiple transactions at actual sales prices ranging from $322.02 to $322.885 per share. The price reported reflects the weighted average sale price for the transactions. 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.
F19: These shares were disposed of in multiple transactions at actual sales prices ranging from $323.045 to $323.85 per share. The price reported reflects the weighted average sale price for the transactions. 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.
F2: These shares were disposed of in multiple transactions at actual sales prices ranging from $312.695 to $313.665 per share. The price reported reflects the weighted average sale price for the transactions. 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.
F20: These shares were disposed of in multiple transactions at actual sales prices ranging from $324.07 to $324.965 per share. The price reported reflects the weighted average sale price for the transactions. 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.
F21: These shares were disposed of in multiple transactions at actual sales prices ranging from $325.20 to $326.115 per share. The price reported reflects the weighted average sale price for the transactions. 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.
F22: These shares were disposed of in multiple transactions at actual sales prices ranging from $326,345 to $326.585 per share. The price reported reflects the weighted average sale price for the transactions. 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.
F3: These shares were disposed of in multiple transactions at actual sales prices ranging from $313.905 to $314.905 per share. The price reported reflects the weighted average sale price for the transactions. 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.
F4: These shares were disposed of in multiple transactions at actual sales prices ranging from $314.92 to $315.805 per share. The price reported reflects the weighted average sale price for the transactions. 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.
F5: These shares were disposed of in multiple transactions at actual sales prices ranging from $316.075 to $316.87 per share. The price reported reflects the weighted average sale price for the transactions. 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.
F6: These shares were disposed of in multiple transactions at actual sales prices ranging from $317.16 to $317.975 per share. The price reported reflects the weighted average sale price for the transactions. 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.
F7: These shares were disposed of in multiple transactions at actual sales prices ranging from $318.22 to $318.27 per share. The price reported reflects the weighted average sale price for the transactions. 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.
F8: These shares were disposed of in multiple transactions at actual sales prices ranging from $319.275 to $320.275 per share. The price reported reflects the weighted average sale price for the transactions. 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.
F9: These shares were disposed of in multiple transactions at actual sales prices ranging from $320.475 to $321.46 per share. The price reported reflects the weighted average sale price for the transactions. 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.
--- Signature ---
/s/ /s/ Shelly Shaw, General Counsel, by Power of Attorney (2026-02-06)
